101 Moulton StDecatur, AL 35601

Property Details for 101 Moulton St

Year built

1989

Lot size

0.18 AC

Property size (Sq ft)

2,500 SF

Property type

Retail properties

Property subtype

Other retail properties

APN

03-04-19-1-006-001.000

APU

304191006001000

Description

This exceptional 4,440-square-foot retail space is located in the heart of Downtown Decatur, Alabama, within the newly constructed Moulton Street Parking Deck. Situated at the high-traffic intersection of Moulton Street and 1st Avenue, this Class A property offers unparalleled visibility and accessibility. Built in 2023, the space is part of a 215-space parking deck, ensuring ample parking for customers. The property is categorized as street retail, providing direct street-level access for optimal customer convenience. This is a multi-tenant building, presenting a unique opportunity to be part of a vibrant and growing retail environment. The 4,440 square feet provides ample space for a variety of retail concepts, making it ideal for businesses seeking a prominent location in a revitalized area poised for significant growth. The property is located in Morgan County, Alabama, and offers a prime opportunity for businesses looking to establish or expand their presence in Decatur's thriving downtown area. This location is expected to become a premier shopping and dining destination. The space is currently available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $777,278

  6.5%

  $717,488

  7%

  $666,239

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,026,207

  Geo Method

  $1,228,878

• Alternative Use

  Use

  Valuation

  Residential

  $605,228

  Hospitality

  $554,385

  Educational

  $461,242

  Medical

  $477,105

  Retail

  $717,488

Location Insight

City

Decatur

County

Morgan

State

Alabama

Latitude

34.6037

Longitude

-86.9891

CBSA code

19460

CBSA name

DECATUR, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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