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    2321 Montgomery Hwy Dothan, AL 36303

    For Sale
    $399,900

    Versatile 3,040 sq ft building, 0.41 acres.

    Property size:
    3,040 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    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 Features for 2321 Montgomery Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,040 SF
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1989
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Deep South Vapors Grocery Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.41663
    Latitude
    31.24137

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 3,040 sq ft building, 0.41 acres.
    Where is this commercial real estate located?
    The property is located at 2321 Montgomery Hwy Dothan, AL.
    What is the asking price?
    The asking price for this property is $399,900.
    (334) 793-2200
    Request Owner's contact information
    2321 Montgomery Hwy Dothan, AL 36303
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    Dothan, AL 36303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2321 Montgomery Hwy Dothan, AL 36303
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