3158 Highway 20 $5,050,000

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    3158 Highway 20 Decatur, AL 35601

    • 50,100 sq. ft.
    • 19.00 Acres
    • Commercial
    • MLS# 1829560
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    Views: 11 Days On Site: 13

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    Property Details

    This industrial property has 50,100 sq. ft. property space with long term tenants with 19 acres of land. The visionary investor can add another 50,000 sq. ft. to the property in the same complex and take advantage of its great location. There are currently 9 buildings in the 19 acres of land. This property has a value ad opportunity with future rent increase negotiations to current 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.

    • General Features
      • Zoning Description Business,Commercial,Industrial
      • Longitude -87.056951
      • County Or Parish MORGAN
      • New Construction Y/N false
      • Property Sub Type Industrial
      • Latitude 34.61809
    • Building Features
      • Bathrooms 10
      • Cooling Central Air, Wall Unit(s)
      • Cooling Y/N true
      • Exterior Features Irrigation, Sidewalks
      • Building Area Total 50100
      • Electric 440 Volts
      • Foundation Details Slab
      • Heating Natural Gas
      • Gas Natural
      • Flooring Concrete
      • Lot Size Units Acres
      • Lot Size Square Feet 827640
      • Living Area Units Square Feet
      • Lot Size Acres 19
      • Lot Size Area 19
    • Property Features
      • Road Frontage Type County Road
      • Number Of Buildings 9
      • Road Surface Type Asphalt

    Contact

    Cathy Pearson

    Cathy Pearson

    Sales Associate

    AL

    RE/MAX Platinum

    256-318-7005

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $5,050,000
    3/13/2023 3:32:00 PM New in Database Source: Multiple Listing Service New Value: $5,050,000

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    The data relating to real estate for sale on this web site comes in part from the IDX Programs of the Valley MLS. Real estate listings held by brokerage firms other than RE/MAX Alabama are marked with the IDX logo and detailed information about them includes the name of the listing office. All information is deemed reliable but not guaranteed.
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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.