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    1043 Main St Dothan, AL 36301

    For Sale
    $850,000

    Prime Dothan commercial land, 11 acres, Hwy 84.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 11-acre commercial land parcel presents a remarkable investment opportunity in Dothan, Alabama. Strategically located on the northwest corner of East Main Street (Highway 84) and Plant Street, this property enjoys high visibility and accessibility. Its prime location directly across from a Family Dollar store ensures significant foot traffic and brand recognition. The land is situated within Dothan's 84 Corridor Improvement Plan, a key area of focus for the city's future development. This presents a unique chance to capitalize on the city's growth trajectory. Furthermore, the property's proximity to Southeast Medical Center and the walkable distance to downtown Dothan add to its appeal and potential for diverse commercial uses. The property's APN numbers are 381004192006023003

    Property Features for 1043 Main St

    General Information

    Property type
    Land
    Lot Size
    479,160 SF

    HighLights

    • Prime 11‑acre commercial land parcel on heavily traveled Highway 84 (East Main Street).
    • High visibility location directly across from a Family Dollar store.
    • Situated within Dothan's 84 Corridor Improvement Plan.
    • Less than a few miles from Southeast Medical Center.
    • Walking distance to Downtown Dothan.
    • Excellent investment opportunity in a key area of Dothan's future development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.3776613
    Latitude
    31.2229382

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    FAQs

    What type of property is this?
    Land - Prime Dothan commercial land, 11 acres, Hwy 84.
    Where is this land located?
    The property is located at 1043 Main St Dothan, AL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Prime 11-acre commercial land parcel on heavily traveled Highway 84 (East Main Street).; High visibility location directly across from a Family Dollar store.; Situated within Dothan's 84 Corridor Improvement Plan.
    (334) 699-8000
    Request Owner's contact information
    1043 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
    1043 Main St Dothan, AL 36301
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