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3158 Highway 20

Decatur, AL 35601
  • $5,000,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 1795941
UPDATED: 19 min ago
$5,000,000
  • 0
    BEDS
  • 19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

The property has 50,100 sq.? ft.? of property space is 100% leased and in 19 acres of land.? The visionary investor can add another 50,000 sq.? ft.? to the property in the complex and take advantage of its great location.? There are currently 9 buildings in the 19 acres of land.? This property has value ad opportunity and also they can increase the current rents to market value and doubling their CAP rate.? The owners also have the property next door for sale and it can be sold as a package deal.?

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© 2021 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Unlimited Inside Sales | RE/MAX Unlimited and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-12-05T09:26:55.787.
www.unlimitedhomefinder.com/homes/123472752
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3158 Highway 20 Decatur, AL 35601

  • Price: $5,000,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 19 min ago
  • MLS #: 1795941
0
Beds
0
Baths
0
½ Baths
19
Acres
Neighborhood:
Morgan
County:
Morgan
Area:
Morgan
Property Description
The property has 50,100 sq.? ft.? of property space is 100% leased and in 19 acres of land.? The visionary investor can add another 50,000 sq.? ft.? to the property in the complex and take advantage of its great location.? There are currently 9 buildings in the 19 acres of land.? This property has value ad opportunity and also they can increase the current rents to market value and doubling their CAP rate.? The owners also have the property next door for sale and it can be sold as a package deal.?
Exterior Features

Exterior Features IrrigationSidewalks Foundation Details Slab Levels One Parking Features ConcretePrivate Road Surface Type Asphalt

Interior Features

Building Area Total 50100 Cooling Central AirWall Unit(S) Cooling YN Yes Electric 440 Volts Heating Natural Gas Heating YN Yes

Property Features

City Limits Yes New Construction YN No Property Condition 16-20 Years Property Sub Type Industrial Sewer Public Sewer Water Source Public

Listing provided courtesy of Mrg Alabama Inc..


© 2021 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Unlimited Inside Sales | RE/MAX Unlimited and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-12-05T09:26:55.787.
 
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