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    OFF-MARKET
    Office Units

    606 Red Hat Rd, Decatur, AL 35601

    2,750 SF Built 2005
    Property ID
    US03-0802619
    Property summary
    AI-generated overview

    This exceptional 2,750 square foot creative office space is available for purchase at $449,000. Located at 606 Red Hat Road in Decatur, Alabama (zip code 35601), this single-story, 2005-built building offers a versatile layout ideal for a variety of uses. The property features one main building with a total of 2,750 square feet, priced at $163.27 per square foot. Currently vacant, this property presents a unique opportunity for immediate occupancy. The building's design lends itself to creative office uses, but its adaptability also makes it suitable for other purposes. The property includes four bedrooms and two and three-quarter bathrooms, providing ample space for a variety of needs. A two-car garage is complemented by a smaller garage, perfect for storage or recreational vehicles. The property also boasts a sizable yard with landscaping, and lawn maintenance is available for an additional monthly fee. This property is situated in Morgan County, Alabama, offering a convenient location and attractive features. The property is currently vacant and ready for immediate occupancy. This is a rare opportunity to acquire a versatile and well-maintained property in a desirable location.

    Property profile
    Verified
    Property type Office Units
    Year built 2005
    Total area 2,750 SF
    UPID US03-0802619
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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