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    1600 Main St Dothan, AL 36301

    For Sale
    $525,000

    1.16 Acres, High-Traffic Location, $525,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.16-acre commercial land parcel presents a prime development opportunity in Dothan, Alabama. Located on East Main Street, this property boasts 180 feet of frontage and benefits from its strategic position within the new 84 E Mixed-Use Overlay District. The site enjoys exceptional visibility and accessibility, situated near the heavily trafficked intersection of Ross Clark Circle and Highway 84 East, with 2023 traffic counts of 28,411 and 19,088 vehicles per day, respectively. Its proximity to Southeast Health, a major medical campus employing over 3,000 people, further enhances its appeal. The surrounding area is thriving, with nearby amenities including Starbucks, an Amazon distribution facility, various medical offices, pharmacies, restaurants, grocery stores, and numerous retail establishments such as Dollar General, Dunkin' Donuts, Marco's Pizza, Chick-fil-A, CVS, and Walgreens. The property's MUD3 zoning allows for a variety of uses, making it ideal for retail, car washes, or convenience stores. This is a rare chance to acquire a highly visible and well-located parcel in a rapidly growing area of Dothan. The APN is 1004202000027009. The asking price is $525,000.

    Property Features for 1600 Main St

    General Information

    Property type
    Land
    Lot Size
    50,530 SF

    HighLights

    • Excellent retail, carwash, or convenience store development opportunity.
    • Located within Dothan's new 84 E Mixed‑Use Overlay District.
    • High traffic counts: 19,088 VPD on Hwy 84 E and 28,411 VPD on Ross Clark Cir.
    • Proximity to Southeast Health & Medical campus (approx. 1,300 feet).
    • 180 feet of frontage on E. Main Street.
    • Strong surrounding retail presence including Dollar General, Dunkin', Marco's Pizza, Chick‑fil‑A, CVS, and Walgreens.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -85.365751
    Latitude
    31.219205

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    FAQs

    What type of property is this?
    Land - 1.16 Acres, High-Traffic Location, $525,000
    Where is this land located?
    The property is located at 1600 Main St Dothan, AL.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Excellent retail, carwash, or convenience store development opportunity.; Located within Dothan's new 84 E Mixed-Use Overlay District.; High traffic counts: 19,088 VPD on Hwy 84 E and 28,411 VPD on Ross Clark Cir.
    (334) 699-8000
    Request Owner's contact information
    1600 Main 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
    1600 Main St Dothan, AL 36301
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