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Financial
Distress signals
Property profile

820 Mcglathery Ln SE Decatur, AL 35601

FOR LEASE
Warehouses
Property ID
US03-1340636
6,960 SF 1.73 ac lot Built 1974
Last sale May 2025 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 19,000-square-foot Class A warehouse, situated on a 1.7-acre lot in Decatur, Alabama (35601), presents a compelling investment opportunity. Located in the Sixth Avenue Corridor, this single-story, 1974-built building boasts 15-foot ceilings, ample parking (20 spaces, including two handicapped-accessible), and easy semi-truck access. The property features approximately 2,000 square feet of office space, complementing the expansive warehouse area. All public utilities are…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$50k
Assessed land$25k
Assessed improvement$26k
Effective rate4.53%

Value estimate

· Oct 2026
$335k
$302k – $369k
NOI build-up
Gross scheduled income$167k
Vacancy & credit loss−$11k
Operating expenses−$47k
NOI · 1,676,830.77% cap applied$109k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$46/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$22 – $59
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,676,830.77%
$109k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMORGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.4
Building Supply13.8
Gym & Fitness12.8

Location

820 Mcglathery Ln SE Decatur, AL 35601
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
526 Steed, Decatur, AL 35601-7523 $668,000 Dec 2023 8,000 SF
550 Steed, Decatur, AL 35601-7523 $400,000 Dec 2023 4,800 SF
807 Market NE, Decatur, AL 35601-2445 $288,000 May 2023 4,400 SF
1211 24th SW, Decatur, AL 35601-3674 $70,000 Sep 2021 5,000 SF
Mcglathery SE, Decatur, AL 35601 $180,000 Jun 2020 8,000 SF
48 Ipsco, Decatur, AL 35601-7411 $125,000 May 2020 4,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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