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    Hwy 84 Dothan, AL 36301

    For Sale
    $565,000

    55 Acres, Excellent Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 55.55-acre agricultural property, located at 0 Highway 84 East in Dothan, Alabama (zip code 36301), presents a unique investment opportunity. The land is zoned for agricultural use and boasts a highly desirable location near significant industrial operations, including Alabama Power and a Georgia-Pacific paper mill. This strategic positioning offers substantial potential for various development projects. The property's APN is 14-04-17-0-000-001.005. Given its size and proximity to established industry, this parcel is well-suited for a range of uses within the permitted agricultural zoning. The seller is open to the possibility of subdividing the land, providing flexibility for potential buyers with varying needs and project scopes. This prime acreage offers a rare chance to acquire a substantial landholding in a thriving industrial area of Dothan, Houston County, Alabama. The property's location along Highway 84 East ensures excellent accessibility and visibility. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price for this significant land parcel is $565,000.

    Property Features for 0 Hwy 84

    General Information

    Property type
    Farms
    Lot Size
    2,419,758 SF

    HighLights

    • AG‑zoned land.
    • Potential for subdivision.
    • Parcel ID: 14‑04‑17‑0‑000‑001.005
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.3962769
    Latitude
    31.1348407

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    FAQs

    What type of property is this?
    Farm - 55 Acres, Excellent Development Potential
    Where is this farm located?
    The property is located at Hwy 84 Dothan, AL.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: AG-zoned land.; Potential for subdivision.; Parcel ID: 14-04-17-0-000-001.005
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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

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    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
    Hwy 84 Dothan, AL 36301
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