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1718 Creighton Ave SE 5,000 SF Vacant Flex Building Decatur, AL 35601 $360,000 ($72/SF) 9.78% Cap Rate
Executive Summary
Free Standing Flex Space, 4 Units, Business Use $360,000.00- 5000sqft. ($72sqft),9.78 Cap Rate. 4Units 1250sqft. each, Front office space, rear entrance, 3 roll up doors, 1 standard door. 20 year roof installed 2023, 2 units remodeled in 2024 each with entry hall 4offices break area and conference or flex space. New AC 2023. Available for lease $1000 a Month. 2 Units front office space ,rear flex space leased thru 8/31/26 $800.00 a Month. Trash $1140.00
Property Facts
| Price | $360,000 | Building Class | C |
| Price Per SF | $72 | Lot Size | 0.28 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 5,000 SF |
| Cap Rate | 9.78% | No. Stories | 1 |
| Property Type | Flex | Year Built | 1960 |
| Price | $360,000 |
| Price Per SF | $72 |
| Sale Type | Investment or Owner User |
| Cap Rate | 9.78% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.28 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1960 |
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Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 03-09-29-3-002-025.001 | Improvements Assessment | $41,020 |
| Land Assessment | $6,540 | Total Assessment | $47,560 |
Property Taxes
Parcel Number
03-09-29-3-002-025.001
Land Assessment
$6,540
Improvements Assessment
$41,020
Total Assessment
$47,560
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1718 Creighton Ave SE
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