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    Property profile & analytics
    FOR SALE
    Retail space

    2321 Montgomery Hwy, Dothan, AL 36303

    3,056 SF 0.41 ac lot Built 1989
    Individually Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US03-1267814
    Property summary
    AI-generated overview

    This exceptional 3,040 square foot commercial building, situated on a 0.41-acre lot at 2321 Montgomery Highway in Dothan, Alabama, presents a remarkable investment opportunity. Currently vacant, this property is zoned L-1 (light industry), offering a wide array of potential uses. Imagine transforming this space into a thriving nail or hair salon, a convenient HVAC repair shop, a creative sign business, a unique thrift store, or countless other possibilities. The building features double doors on the left side, providing easy access for deliveries and customers. Upstairs, ample storage space awaits, adding to the property's versatility. The expansive lot allows for the addition of more parking in the rear and along the side, enhancing convenience and accessibility for patrons and employees. Its prime location, just half a mile from the bustling Ross Clark Circle (Highway 210), ensures high visibility and convenient access to major transportation routes, maximizing exposure to a large customer base. This property is ready for your vision and entrepreneurial spirit. Don't miss this chance to own a versatile commercial space in a thriving Dothan location. The asking price is $399,900.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1989
    Total area 3,056 SF
    Lot 0.41 ac (18,060 SF)
    APN 09-06-14-2-003-006-001
    UPID US03-1267814
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Deep South Vapors Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Michael Barfield · 2 yrs held
    Michael Barfield
    since 2024
    Last sale
    $75,000
    2 recorded transactions
    2024
    $75,000
    2015
    $131,200
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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