602 2Nd St Decatur, AL 35601
This exceptional 8.6-acre parcel presents a remarkable residential development opportunity in Decatur, Alabama. Located at 602 2nd St SW, this mostly level, slightly sloped, and cleared property offers a blank canvas for your vision. The land is zoned R2 within Decatur city limits, providing flexibility for residential construction. Conveniently situated for easy access to both Huntsville and Priceville, this location offers the best of suburban living with proximity to larger urban centers. Utilities are not currently connected, allowing for customized infrastructure development tailored to your specific needs. The property's APN is 0206241011004.000 and is offered at an asking price of $129,000. This represents a unique chance to create a custom home or develop a residential project in a thriving Alabama community. Don't miss this chance to build your dream in this desirable location. The property's address is 602 2nd St SW, Decatur, AL 35601. This is a truly exceptional opportunity for those seeking a prime residential building site in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.