0 Honeysuckle Rd Dothan, AL 36305
This exceptional commercial land offering in Dothan, Alabama, presents a unique investment opportunity. Located on Honeysuckle Road, zip code 36305, this property comprises two parcels totaling 3.1 acres of fee simple land. The zoning is O-2, making it suitable for a variety of commercial uses, including office and medical facilities. One parcel encompasses 2.05 acres with 304 feet of frontage on Honeysuckle Road, and the other parcel is 1.05 acres with 154 feet of frontage. The seller is open to dividing the parcels and individual lots to accommodate various buyer needs. This prime location boasts high visibility and traffic, with a recorded traffic count of 18,850 vehicles in 2017. The property's versatility and strategic location in Houston County make it an ideal investment for developers seeking to build freestanding commercial structures. The potential for significant return on investment is substantial, given the high traffic volume and suitability for various commercial uses. This is a rare opportunity to acquire a well-positioned commercial land asset in a thriving Alabama market. Contact us today to learn more about this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.