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    901 Commons Dr Dothan, AL 36303

    For Sale
    Contact for pricing

    26 Acres Adjacent to Major Retail

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 26 +/- acre parcel of raw commercial land presents a unique investment opportunity in Dothan, Alabama. Strategically located at 901 Commons Dr, this property enjoys unparalleled visibility and accessibility, directly adjacent to the bustling Wiregrass Commons Mall. Its prime location offers immediate access to a high volume of traffic and a substantial existing customer base, making it ideal for a wide range of commercial developments. The expansive acreage provides ample space for large-scale projects, including retail centers, restaurants, hotels, or other commercial ventures. The property is zoned for commercial use (specific zoning details available upon request). Utilities are readily available, simplifying the development process and minimizing upfront costs. Given its proximity to a major regional shopping mall and its significant size, this land offers exceptional potential for substantial returns on investment. This is a rare opportunity to acquire a large, strategically located parcel in a thriving Alabama market. Detailed site plans and surveys are available for review. The property is located in Houston County, Alabama, with a zip code of 36303. Coordinates are 31.256076562081308 latitude and -85.42618767333276 longitude.

    Property Features for 901 Commons Dr

    General Information

    Property type
    Land

    HighLights

    • 26+/- acre commercial land parcel in Dothan, AL.
    • High visibility location adjacent to Wiregrass Commons Mall.
    • Excellent access to high traffic volume and established customer base.
    • Suitable for various commercial developments (retail, restaurants, hotels, etc.).
    • Commercially zoned (zoning details available).
    • Utilities readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair 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
    -85.426187673333
    Latitude
    31.256076562081

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    FAQs

    What type of property is this?
    Land - 26 Acres Adjacent to Major Retail
    Where is this land located?
    The property is located at 901 Commons Dr Dothan, AL.
    What are key features of this property?
    This property features: 26+/- acre commercial land parcel in Dothan, AL.; High visibility location adjacent to Wiregrass Commons Mall.; Excellent access to high traffic volume and established customer base.
    Request Owner's contact information
    901 Commons Dr Dothan, AL 36303
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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
    901 Commons Dr Dothan, AL 36303
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