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Property profile & analytics
OFF-MARKET
Retail space

602 Moulton W St Decatur, AL 35601-2238

2,966 SF Built 1939
Entity Owned 1-yr Hold Free & Clear
Property ID
US03-1134362
Property summary
AI-generated overview

This 2,966 square foot retail storefront, located at 602 Moulton St W in Decatur, Alabama (zip code 35601), presents a compelling investment opportunity. Situated on a 0.17-acre lot at the corner of Moulton St W and 6th Ave NW, near the Gordon Drive/Moulton St intersection, this property enjoys excellent visibility and proximity to the downtown area. Built in 1939, the single-story, Class B brick building previously housed a floral retailer, and includes existing coolers and all necessary utilities. The roof was replaced approximately five years ago. While the front entryway requires repair, the owner is actively addressing this issue through their insurance company. The property is zoned R4 and offers significant potential for a variety of retail uses. The asking price is $110,000, translating to $37.09 per square foot. This owner/user investment opportunity is a rare find in a desirable Decatur location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1939
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,966 SF
APN 03-04-18-3-006-080.000
UPID US03-1134362
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mary Burke Florist (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Superior Home Rental LLC · 1 yrs held
Superior Home Rental LLC
since 2024
Last sale
$75,000
1 recorded transaction
2024
$75,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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