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    2695 S Oates St Dothan, AL 36301

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    For Sale
    $795,000

    Restaurant with high visibility off HWY 231 (S Oates Street).

    Property size:
    2,599 SF
    Lot size:
    0.83 Acres

    Property Features for 2695 S Oates St

    General Information

    Size
    2,599 SF
    Lot size
    0.83 Acres

    Source: NAI TALCOR | Tallahassee Agent Kenny Whatley

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

    Overview

    Restaurant on Highway 231

    Located off HWY 231 (S Oates Street), this 2,599 square foot restaurant benefits from high visibility. U.S. Highway 231 is a busy 4-lane highway that serves as the main entry point into Southern Alabama from Florida. The property is located approximately 3 miles from the National Peanut Festival Fairgrounds, which hosts a 10-day event with an attendance of 200,000 fairgoers. The restaurant is situated near numerous major retail destinations, including Wal-Mart Supercenter, Winn-Dixie, Dollar General, Big K-Mart, AutoZone, Wendy's, Burger King, McDonalds, car dealerships, and Patricia Lanes bowling alley.
    Insight Report Location Intelligence

    Current Use by Public Records

    MISKY Peruvian Latin ... Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

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

    Similar Places Nearby

    Firehouse Subs South Dothan

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.4009561
    Latitude
    31.188223

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    FAQs

    What type of property is this?
    Restaurant - Restaurant with high visibility off HWY 231 (S Oates Street).
    Where is this restaurant located?
    The property is located at 2695 S Oates St Dothan, AL.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - High visibility location off HWY 231 (S Oates Street).; - Located on a busy 4-lane highway (U.S. Highway 231), the main entry point into Southern Alabama from Florida.; - Proximity to the National Peanut Festival Fairgrounds (200,000 attendees).
    (334) 596-7890
    Request Owner's contact information
    2695 S Oates St Dothan, AL 36301
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    Dothan, AL 36301
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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
    2695 S Oates St Dothan, AL 36301
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