719 6th SE Ave Decatur, AL 35601-3019
- Office Properties & Spaces
- 2,784 SF
- 0.16 lot acres
Current Use by Public Records
- Sports Facilities in Decatur Morgan County AL for Tournaments and Other Sporting Events / Event Planner
- Albany Heritage Neighborhood Historic District / Historical Place
- Decatur Morgan County Tourism / Tourist Information Center / Non-Profit Organization
Property Details for 719 6th SE Ave
- Year built
- 1926
- Lot size
- 0.16 lot acres
- Property size
- 2,784 SF
- Property type
- Office Properties & Spaces
- APN
- 03-04-20-2-022-014.000
- APU
- 304202022014000
Description
This exceptional 2,815-square-foot office space presents a fantastic opportunity for a small business seeking a high-visibility location. Boasting frontage on bustling 6th Avenue in Decatur, this single-tenant property benefits from significant daily traffic, with a 2021 Alabama traffic count of 27,134 vehicles per day. The property is zoned B-6 (facing 6th Ave) and R-4 (facing 5th Ave), offering flexibility for various uses. In addition to the main 2,815 square feet, there's an additional 0.16-acre lot behind the building facing 5th Avenue, providing ample parking for employees and customers. Its convenient location places it within easy reach of numerous dining, retail, office, and financial institutions, ensuring a thriving business environment. This property in Morgan County is ideal for businesses seeking a prominent presence in a busy commercial area. The building's size and zoning make it suitable for a variety of office or retail uses, providing a strong foundation for growth and success. Ample parking is available, addressing a key concern for businesses and their clientele. Don't miss this chance to secure a prime location in a dynamic commercial district.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $195,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $245,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $200,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $220,000
- Retail
- $195,000
- Mixed-Use
- $195,000
- Hospitality
- $225,000
- Educational
- $230,000
- Residential Income
- $190,000
- Energy
- $235,000
- Income-Based Land
- $230,000
- Food Service
- $240,000
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Morgan
- State
- Alabama
- Longitude
- -86.9806
- Latitude
- 34.5968
- CBSA code
- 19460
- CBSA name
- DECATUR, AL METROPOLITAN STATISTICAL AREA