3424 Vly SW Ave Decatur, AL 35603-1673
- Warehouses
- 11,508 SF
- 5.30 lot acres
Current Use by Public Records
- Adams Beverages Decatur / Beverage Distributor
Property Details for 3424 Vly SW Ave
- Year built
- 1988
- Lot size
- 5.30 lot acres
- Property size
- 11,508 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 12-03-08-2-000-003.008
- APU
- 1203082000003008
Description
This exceptional 24,000-square-foot industrial property in Decatur, Alabama, presents a significant opportunity. Situated on a 5.3-acre lot, this single-tenant building offers ample space for growth. Built in 1988, the one-story structure boasts 16- to 22-foot ceiling heights, enhancing operational efficiency. The property features one loading dock and two drive-ins, ensuring smooth logistics. Conveniently located on Valley Avenue SW, near Central Parkway, it provides easy access to I-65, US-31, and State Highway 67. The property includes climate-controlled and refrigerated warehouse space, along with heated and cooled office space. Zoned M1, it's ideally suited for manufacturing, particularly food and beverage businesses. The 317-foot frontage and extensive paved parking provide ample vehicle storage. The property's parcel number is 12 03 08 2 000 003.008. Rail access may be possible. The owner may consider selling. This property is a prime location for businesses seeking a well-equipped and strategically located industrial space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,305,000
- 6.5%
- $1,270,000
- 7%
- $1,225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,120,000
- Geo Method
- $1,155,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,555,000
- Retail
- $1,405,000
- Mixed-Use
- $1,540,000
- Hospitality
- $1,530,000
- Educational
- $1,355,000
- Residential Income
- $1,235,000
- Energy
- $1,205,000
- Income-Based Land
- $1,235,000
- Food Service
- $1,290,000
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Morgan
- State
- Alabama
- Longitude
- -86.9793
- Latitude
- 34.5439
- CBSA code
- 19460
- CBSA name
- DECATUR, AL METROPOLITAN STATISTICAL AREA