For Sale
$950,000

3136 State HwyDecatur, AL 35601

Decatur, AL: 8,400 SF Industrial Investment

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional industrial investment opportunity in Decatur, Alabama, presents three buildings totaling 8,400 square feet on a 4-acre lot (165,528 sq ft). Located at 3136 State Hwy 20, this property benefits from high visibility on a major thoroughfare with approximately 18,530 cars passing daily. The complex includes a 5,000 sq ft quonset hut with new roll-up doors, a remodeled two-story office building, and a separate 2,500 sq ft building with a roll-up garage door. The property features 16 dock-high doors and 20-foot ceilings, offering ample space for distribution, manufacturing, or warehouse operations. Built in 2007 and renovated the same year, this NNN-leased, vacant property boasts a 6.95% cap rate and a $66,000 NOI, with an asking price of $950,000 ($113.10/sq ft and $316,667 per unit). Its prime location near the Beltline exchange provides easy access to Decatur and proximity to major employers like 3M, United Launch Alliance, and RUAG Space USA. The Miscellaneous Commercial zoning allows for versatility and potential expansion. This property offers a strong return on investment in a thriving industrial area. The APN is 02-05-16-0-000-002.001.

Highlights

  • $950,000 asking price for this 8,400 SF industrial property.
  • NNN lease, currently vacant.
  • Located at 3136 State Hwy 20, Decatur, AL 35601, near major employers.
  • Features three buildings totaling 8,400 square feet on a 4-acre lot.
  • $113.10/SF price, 6.95% cap rate, and $66,000 NOI.

Property Details for 3136 State Hwy

Property type
Warehouses, Industrial properties
Square Feet
8,400 SF
Year Built/Renovated
2007/2007
Buildings
3
Stories
1
Units
3

Location Insight

City
Decatur
County
Morgan
State
Alabama
Latitude
34.61839
Longitude
-87.056365
3136 State Hwy, Decatur, Alabama

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3136 State Hwy
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