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Restaurant Property with Existing Infrastructure
For Sale
$979,900

4630 Montgomery Highway, Dothan, AL 36303

Commercial Sale, Dothan, AL

Property SizeContact for details
Lot Size0.51 Acres
Days on Market327

Property Features for 4630 Montgomery Highway

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 8 NW-Outside Circle
Standard status Active
APN 09-02-04-2-000-002-011
Lot size 0.51 Acres

Building Details

Year built 2005
Floors in Building 1
Listing Agency: Keller Williams Southeast Alabama · Keller Williams Realty
Listed By: Tim Adkins · License #000095740
Added: Nov 21, 2025 Changed: Oct 14 Last Checked: Oct 14 at 8:06PM
MLS# 205977

Copyright © 2026 Southeast Alabama Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 4630 Montgomery Highway in Dothan, this 2005-built property occupies 0.51 acres and was previously used as a restaurant. Existing restaurant infrastructure remains, and a floor plan and survey are available. The property is classified as a conventional restaurant.

Key Highlights

  • 0.51‑acre former restaurant property with existing infrastructure
  • Built in 2005
  • Adjacent to three hotels

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Auto Repair Shop Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

299
Businesses Nearby
827k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 32% Dining 18% Apparel 18% Shops & Services 16%
Walmart Superstores
145,189 visits/mo 0.1 miles
Target Superstores
118,339 visits/mo 0.3 miles
Ross Dress for Less Apparel
47,454 visits/mo 0.2 miles
Kohl's Apparel
45,435 visits/mo 0.2 miles
SONIC Drive In Dining
42,228 visits/mo 0.2 miles

Demographics for 36303, AL

31,080
Population
14,622
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
58.9 sq mi
ZIP Area
528
Density / Sq Mi
$53,006
Median Household Income
$34,504
Median Earnings
$855
Median Rent
$175,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The former restaurant site retains infrastructure and sits beside three hotels along Montgomery Highway.
Where is this conventional restaurant located?
The property is located at 4630 Montgomery Highway Dothan, AL.
What is the asking price?
The asking price for this property is $979,900.
What are key features of this property?
This property features: 0.51‑acre former restaurant property with existing infrastructure; Built in 2005; Adjacent to three hotels
More about this property
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