715 Summit DrDecatur, AL 35601

For Lease
  • Manufacturing properties
  • 30,900 SF

Property Details for 715 Summit Dr

Year built
1999
Construction
CONCRETE BLOCKS
Lot size
3.20 AC
Property size (Sq ft)
30,900 SF
Property type
Manufacturing properties
APN
03-09-32-2-000-011.011
APU
309322000011011

Description

This exceptional 42,000-square-foot Class A property, located at 715 Summit Drive SE in Decatur, Alabama, presents a unique opportunity for a single tenant. Situated in Morgan County, this versatile space seamlessly blends executive office and warehouse/distribution functionalities. The building boasts a substantial 26-foot ceiling height, ideal for various industrial uses and efficient storage. The entire 42,000 square feet is currently vacant and available for immediate occupancy. The property's "A" classification signifies its high-quality construction, modern amenities, and prime location within Decatur. This single-tenant occupancy offers unparalleled control and customization potential. The address is easily accessible, providing convenient transportation links for both employees and goods. This property is perfect for businesses seeking a large, efficient, and well-located space to accommodate their operational needs. The property type is officially classified as Office and Industrial, offering a blend of professional office space and ample warehouse capacity. The zip code is 35601. This is a rare opportunity to secure a substantial, high-quality space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,480,616
    Hospitality
    $6,852,204
    Educational
    $5,700,954
    Medical
    $5,897,018
    Retail
    $8,868,150
715 Summit Dr, Decatur, Alabama

Location Insight

City
Decatur
County
Morgan
State
Alabama
Latitude
34.5719
Longitude
-86.981
CBSA code
19460
CBSA name
DECATUR, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,316
$19,200
$274,760
$293,960
-
$96,000
$1,373,800
$1,469,800

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