Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Evergreen Enterprise Daleville And Dothan Al Enterprise, AL

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Nine vacant land parcels suitable for hotel development in Alabama.

    Property size:
    1 SF
    Lot size:
    1.00 Acre

    Property Features for Evergreen Enterprise Daleville And Dothan Al

    General Information

    Size
    1 SF
    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Kenny Whatley
    Kenny Whatley
    Source: Naiglobal

    Listing Agency: NAI TALCOR Listing Agent: Kenny Whatley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Hotel Sites in Alabama

    Nine prime sites are available for hotel development across four cities in South Alabama. These vacant land parcels are located in Evergreen, Enterprise, Daleville, and Dothan, Alabama. All sites offer high visibility and are situated on or near major highways and intersections. The locations have hospitality needs to be met. Local and state incentives are offered.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Enterprise
    County
    Coffee
    State
    Alabama
    Longitude
    -85.8552161
    Latitude
    31.3151708

    Nearby Similar for Sale

    • $190,000
      3,678 SF

      Enterprise Quadplex Investment Opportunity

      Multi-unit investment property with long-term tenants and potential rent increases.
      307 Colony Dr, Enterprise, AL 36330
      View Details
    • $999,000
      0.83 Acres

      Medical Office Building For Sale

      Three-unit medical office building in Enterprise, Alabama.
      1275 James Dr, Enterprise, AL 36330
      View Details
    • $170,000
      2,736 SF

      Enterprise, AL Triplex Investment

      Multi-unit investment opportunity with long-term tenants and property manager.
      309 Colony Dr, Enterprise, AL 36330
      View Details
    • $795,000
      1.00 Acre

      Enterprise Showroom and Warehouse

      Showroom and warehouse space available for sale in Enterprise, Alabama.
      1106 Rucker Blvd, Enterprise, AL 36330
      View Details
    • $640,000
      2.10 Acres

      Enterprise Commercial Property on 2.1 Acres

      2.1 acres with redevelopment potential in Enterprise, Alabama.
      304 Boll Weevil Cir, Enterprise, AL 36330
      View Details
    • $640,000
      7,890 SF

      Enterprise Industrial Building For Sale

      Industrial building with high visibility and easy access.
      304 Boll Weevil Cir, Enterprise, AL 36330
      View Details
    • Contact for pricing
      5,240 SF

      Modern Medical Office Shell Space

      First-generation medical office space in a Class A building.
      102 Jackson St, Enterprise, AL 36330
      View Details
    • Contact for pricing
      24,000 SF

      Upgraded Industrial Building on Corner Lot

      24,000 sq ft upgraded building with excellent access and visibility.
      1570 Parker Ln, Enterprise, AL 36330
      View Details
    • Contact for pricing
      10,000 SF

      Downtown Enterprise Retail/Office Space

      Retail or office space with build-to-suit options in Enterprise.
      201 S Main St, Enterprise, AL 36330
      View Details
    • Contact for pricing

      New Construction McDonald’s For Sale

      New construction McDonald’s on main retail corridor near Fort Rucker.
      6012 Boll Weevil Cir, Enterprise, AL 36330
      View Details
    • Contact for pricing

      Enterprise Retail Hub Opportunity

      Freestanding 14,564 SF building in Enterprise retail hub.
      903 Rucker Blvd, Enterprise, AL 36330
      View Details
    • $225,000
      1.00 Acre

      High-Visibility Enterprise Warehouse

      One-Acre Commercial Property, $225,000
      4090 Level Pln, Enterprise, AL 36322
      View Details

    FAQs

    What type of property is this?
    Land - Nine vacant land parcels suitable for hotel development in Alabama.
    Where is this land located?
    The property is located at Evergreen Enterprise Daleville And Dothan Al Enterprise, AL.
    What are key features of this property?
    This property features: - Nine prime hotel sites available.; - Located in four different cities in South Alabama.; - All sites offer high visibility.
    (334) 596-7890
    Request Owner's contact information
    Evergreen Enterprise Daleville And Dothan Al Enterprise, AL
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Evergreen Enterprise Daleville And Dothan Al
    Enterprise, AL
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Evergreen Enterprise Daleville And Dothan Al Enterprise, AL
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kenny Whatley
    Kenny Whatley
    Real Estate License ID: #000058211-0
    (334) 596-7890 (334) 699-8000 (850) 224-2300
    Learn more
    Google sign-in failed. Please try again or use another login method.