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    Heron Way Dothan, AL 36305

    Sponsored
    For Sale
    $2,884,543

    4.73 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.73-acre commercial land parcel presents a remarkable investment opportunity in Dothan, Alabama. Located on Heron Way in Houston County, zip code 36305, this property boasts a prime location with excellent visibility and accessibility. The expansive lot size offers significant development potential for a wide range of commercial ventures. The asking price for this strategically positioned land is $2,884,543. Given its size and location within the thriving Dothan market, this property is ideally suited for businesses seeking a prominent presence in a rapidly growing area. Detailed site surveys and environmental assessments are available upon request. Prospective buyers are encouraged to conduct their own due diligence to confirm suitability for their intended use. This is a rare opportunity to acquire a substantial commercial land holding in a desirable location with strong potential for future appreciation. The property's coordinates are 31.2383887 latitude and -85.4758973 longitude. All interested parties should contact the listing agent for further information and to schedule a site visit. This is a unique opportunity to secure a significant commercial land asset in a vibrant Alabama market. The property is classified as commercial land and is ready for development.

    Property Features for 0 Heron Way

    General Information

    Property type
    Land
    Lot Size
    206,039 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.4758973
    Latitude
    31.2383887

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    FAQs

    What type of property is this?
    Land - 4.73 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Heron Way Dothan, AL.
    What is the asking price?
    The asking price for this property is $2,884,543.
    (205) 823-3070
    Request Owner's contact information
    Heron Way Dothan, AL 36305
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    Dothan, AL 36305
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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
    Heron Way Dothan, AL 36305
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