2321 Montgomery Hwy, Dothan, AL 36303
For Sale
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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.
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Deep South Vapors Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.