Property profile

606 Red Hat Rd Decatur, AL 35601

OFF-MARKET
Office Spaces
Property ID
US03-0802619
2,750 SF Built 2005
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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 Spaces
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

Location

606 Red Hat Rd Decatur, AL 35601
Decatur metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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