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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

904 6th NE Ave Decatur, AL 35601-2414

1,827 SF 0.32 ac lot Built 1995
Entity Owned 15-yr Hold Free & Clear
Property ID
US03-1619273
Property summary
AI-generated overview

This exceptional 14-acre commercial land parcel presents a remarkable development opportunity in Decatur, Alabama. Strategically located on Highway 31/6th Avenue SE, near the Stratford Road intersection, this property boasts significant visibility and high traffic counts, ensuring maximum exposure for any future development. The site offers approximately 507 feet of frontage along Highway 31, providing ample space for a variety of commercial projects. Zoned M1 and M2, the property is suitable for a wide range of uses, making it an attractive investment for developers seeking a prime location with significant potential. The asking price for this exceptional property is $4,200,000. Its location in Morgan County, Alabama, with a Decatur zip code of 35601, provides easy access to major transportation routes and a thriving local community. This is a rare opportunity to acquire a large, well-situated commercial land parcel in a rapidly growing area. The property's size and location make it ideal for a variety of commercial ventures, from retail and restaurants to light industrial and office spaces. Don't miss this chance to secure a piece of Decatur's vibrant commercial landscape.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1995
Construction CONCRETE BLOCKS
Total area 1,827 SF
Lot 0.32 ac (14,071 SF)
APN 03-04-17-3-015-002.000
UPID US03-1619273
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
  • Chevron Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dublou Bridge LLC · 15 yrs held
Dublou Bridge LLC
since 2010
1 recorded transaction
2010
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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