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Property profile & analytics
FOR SALE
Office Spaces

624 Decatur Hwy Fultondale, AL 35068

0.75 ac lot Built 1974
Entity Owned 9-yr Hold
Property ID
US03-0860655
Property summary
AI-generated overview

This exceptional 7,977 square foot office building presents a lucrative investment opportunity in Fultondale, Alabama. Strategically situated on US Highway 31, just off Interstate 65, this property enjoys unparalleled visibility and accessibility within the thriving Fultondale business district. The building itself comprises a welcoming lobby, spacious office areas, and dedicated meeting rooms, providing a functional and professional environment. The lower level features a service shop area, adding versatility to the property's potential uses. The building's total area is approximately 7,977 square feet, per tax records. This figure does not include any upper-level areas or a hotel, which are not part of this sale. The convenient location offers easy access to major transportation arteries, including the I-22 and I-65 interchange, ensuring seamless commutes for employees and clients alike. The property sits on a sizable 0.75-acre lot, providing ample space for parking and potential future expansion. This turnkey office building is priced at $1,500,000 and represents a rare chance to acquire a well-positioned commercial property in a rapidly growing area. The building's layout and features make it suitable for a variety of businesses seeking a prominent and easily accessible location.

Property profile
Verified
Property type Office Spaces
Year built 1974
Lot 0.75 ac (32,670 SF)
UPID US03-0860655
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
  • Econo Lodge Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Deepam INC · 9 yrs held
Deepam INC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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