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    3000 Oates St Dothan, AL 36301

    For Sale
    $595,000

    High-traffic Dothan, AL commercial land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 15-acre commercial property, located in Dothan, Alabama, presents a unique investment opportunity. Situated on Highway 231 South, in the 3000 block of South Oates Street, this wooded parcel boasts 680 feet of frontage and a depth of 1000 feet. The property's prime location offers high visibility and accessibility, surrounded by a thriving mix of light industrial, residential, retail, and restaurant establishments. Its proximity to Southside Walmart further enhances its strategic value. The asking price for this expansive tract is $595,000. This land is zoned for commercial use and presents significant potential for various development projects, capitalizing on the high traffic counts and established commercial presence in the immediate vicinity. The property's size and location make it ideal for a wide range of commercial ventures, offering investors a compelling opportunity to establish a strong presence in a rapidly growing area of Dothan, Houston County, Alabama, zip code 36301. Detailed site plans and zoning information are available upon request.

    Property Features for 3000 Oates St

    General Information

    Property type
    Land
    Lot Size
    653,400 SF

    HighLights

    • 15 acres of wooded commercial land.
    • High traffic count location near light industrial, residential, retail, and restaurants.
    • Proximity to Southside Walmart.
    • 680' frontage x 1000' deep lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail 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
    -85.4018996
    Latitude
    31.1833379

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    FAQs

    What type of property is this?
    Land - High-traffic Dothan, AL commercial land.
    Where is this land located?
    The property is located at 3000 Oates St Dothan, AL.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 15 acres of wooded commercial land.; High traffic count location near light industrial, residential, retail, and restaurants.; Proximity to Southside Walmart.
    (334) 699-8000
    Request Owner's contact information
    3000 Oates St Dothan, AL 36301
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    3000 Oates St
    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
    3000 Oates St Dothan, AL 36301
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