Kelly Springs Rd Dothan, AL 36303
- Apartment buildings
- 31.00 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 0 Kelly Springs Rd
- Lot size
- 31.00 lot acres
- Property type
- Apartment buildings
Description
This exceptional 31-acre parcel in Dothan, Alabama, presents a prime opportunity for multifamily development. Located in Houston County, at the Kelly Springs address, zip code 36303 (31.2776947, -85.4654922), this raw land is zoned for multifamily use, offering significant potential for a substantial apartment building project. The property boasts readily accessible utilities, eliminating the complexities and delays often associated with new construction. With its expansive size and strategic location, this site is ideally suited for a large-scale development, catering to the growing housing demand in the area. The asking price is $1,100,000. This represents a compelling investment opportunity for developers seeking to capitalize on the robust multifamily market in Dothan. The property's zoning designation specifically permits apartment building construction, streamlining the approval process and minimizing potential development hurdles. Given the availability of all utilities, construction can commence swiftly and efficiently, accelerating the return on investment. This is a rare chance to acquire a significant tract of land perfectly positioned for a lucrative multifamily project in a thriving Alabama market. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dothan
- County
- HOUSTON
- State
- Alabama
- Longitude
- -85.4655
- Latitude
- 31.2777
