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    3015 Montgomery Hwy Dothan, AL 36303

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    For Lease
    $950,000

    High-visibility retail space in Dothan's commercial hub.

    Property size:
    10,214 SF
    Lot size:
    0.75 Acres

    Property Features for 3015 Montgomery Hwy

    General Information

    Size
    10,214 SF
    Lot size
    0.75 Acres

    Source: NAI TALCOR | Tallahassee Agent Kenny Whatley

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

    Overview

    Prime Retail Space in Dothan

    This property is located in Dothan's commercial corridor near the intersection of Ross Clark Circle & Hwy 231 N, adjacent to the entrance of Northside Mall and Publix on Montgomery Highway. The location offers visibility across from Wiregrass Commons Mall and near the Shops on the Circle. The property includes a 6,955 sq. ft. retail building, which is currently occupied until the end of March 2024. An adjacent two-level metal building provides an additional 3,271 square feet of space suitable for storage, expansion, or other business needs. Situated on a 0.7-acre lot, the site offers options for build-to-suit, lease, or purchase. The property is zoned B-2 highway commercial, allowing for a range of commercial uses, including office spaces, retail storefronts, restaurants, automobile services, carwashes, and banks.
    Location Intelligence

    Current Use by Public Records

    Mr. Mattress Mattress Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -85.4268006
    Latitude
    31.2501067

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    FAQs

    What type of property is this?
    Retail space - High-visibility retail space in Dothan's commercial hub.
    Where is this retail space located?
    The property is located at 3015 Montgomery Hwy Dothan, AL.
    What are key features of this property?
    This property features: - Prime location in Dothan's commercial corridor at the intersection of Ross Clark Circle & Hwy 231 N, near Northside Mall and Publix.; - High visibility location directly across from Wiregrass Commons Mall and near Shops on the Circle.; - Zoned B-2 highway commercial, allowing for a diverse range of commercial uses (office, retail, restaurants, etc.).
    (334) 596-7890
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    3015 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
    3015 Montgomery Hwy Dothan, AL 36303
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