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    3200 Us-84 Dothan, AL 36301

    For Sale
    $995,000

    2.5-Acre Commercial Lot, Hwy 84

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.5-acre commercial land parcel presents a unique investment opportunity in the thriving Cowarts, Alabama market. Located at 3200 US-84, this property boasts a highly visible location at the corner of US-84 and Cowarts Road, offering unparalleled exposure to significant traffic volume. Its strategic positioning near the new medical school further enhances its potential for substantial returns. The property is identified by APN 381008283000005.000 and is serviced by Dothan Utilities, providing readily available electric power and water. This prime location is ideal for a wide range of commercial ventures, from retail establishments and restaurants to medical offices and other professional services. The expansive lot size allows for ample development possibilities, catering to various building sizes and configurations. The asking price for this exceptional property is $995,000. Don't miss this chance to secure a prominent piece of commercial real estate in a rapidly growing area. Serious inquiries are encouraged.

    Property Features for 3200 Us-84

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • $995,000 asking price.
    • 2.5‑acre commercial land parcel.
    • APN: 381008283000005.000.
    • Utilities available: electricity, power, and water (Dothan Utilities).
    • Prime commercial location at US‑84 and Cowarts Road, near a new medical school.
    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?
    Land - 2.5-Acre Commercial Lot, Hwy 84
    Where is this land located?
    The property is located at 3200 Us-84 Dothan, AL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: $995,000 asking price.; 2.5-acre commercial land parcel.; APN: 381008283000005.000.
    (334) 699-8000
    Request Owner's contact information
    3200 Us-84 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
    3200 Us-84 Dothan, AL 36301
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