Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    31.28 Acres Hwy 52 Dothan, AL 36303
    Back to Search
    Property profile & analytics

    31.28 Acres Hwy 52, Dothan, AL 36303

    View on Map
    • Land
    • 31.28 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 31.28 Acres Hwy 52

    Lot size
    31.28 lot acres
    Property type
    Land

    Description

    This exceptional 31.28-acre commercial land parcel presents a remarkable investment opportunity in Dothan, Alabama. Strategically located on Highway 52 East, this property boasts significant highway frontage of 1,476 feet, providing unparalleled visibility and accessibility for any commercial venture. The expansive acreage offers ample space for a wide range of development possibilities, making it ideal for businesses seeking a prominent location with high traffic exposure. Situated in Houston County, with a Dothan, AL 36303 zip code, this property is conveniently located within a thriving community. The asking price for this substantial land holding is $156,400. Given its size, location, and highway frontage, this property represents a rare chance to acquire a significant commercial asset in a desirable area. The property's zoning and potential uses should be verified independently with the relevant authorities. This is a blank canvas for your next commercial project, offering the potential for substantial return on investment. Don't miss this opportunity to secure this prime commercial real estate in Dothan, Alabama. Contact us today to learn more and schedule a site visit.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.3429
    Latitude
    31.2264

    Comparable in this City

    • Value Estimation by Request
      1.78 Acres

      Us-431

      Land
      0 Us-431, Dothan, AL 36303
      View Details
    • Value Estimation by Request
      3.00 Acres

      Us-84

      Land
      0 Us-84, Dothan, AL 36303
      View Details
    • Value Estimation by Request
      1.39 Acres

      209 Apple Ave

      Land
      209 Apple Ave, Dothan, AL 36303
      View Details
    • Value Estimation by Request
      1.33 Acres

      1301 Cherokee Ave

      Land
      1301 Cherokee Ave, Dothan, AL 36303
      View Details
    • Value Estimation by Request
      1.00 Acre

      Reeves St

      Land
      0 Reeves St, Dothan, AL 36303
      View Details
    • Value Estimation by Request
      0.93 Acres

      Ross Clark Cir

      Land
      0 Ross Clark Cir, Dothan, AL 36303
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Eleven Acres of Land

      Eleven acres of land across six parcels available for purchase.
      967 E Main St, Dothan, AL 36303
      View Details
    • $192,076
      9.60 Acres

      Dothan Land Parcel For Sale

      Approximately 9.6 acre commercial land parcel in Dothan, Alabama.
      Napier Field Rd, Dothan, AL 36303
      View Details
    • $499,000
      1.78 Acres

      Prime Dothan Commercial Land

      1.78 Acres, High Traffic Area, US-431
      0 Us-431, Dothan, AL 36303
      View Details
    • Contact for pricing

      95.2 Acres Land Available

      95.2 acres of land for sale in Dothan, Alabama.
      Starling Rd, Dothan, AL 36303
      View Details
    • $895,000
      3.00 Acres

      Highway 84 Dothan Commercial Land

      Prime 3-acre commercial lot, ideal for development.
      0 Us-84, Dothan, AL 36303
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Dothan Retail Pad Site

      Ground lease opportunity in Dothan, Alabama shopping center.
      4401 Montgomery Hwy, Dothan, AL 36303
      View Details
    • Contact for pricing

      Retail Space Near National Retailers

      Retail space in major corridor near US Route 231.
      900 Commons Dr, Dothan, AL 36303
      View Details
    • Contact for pricing
      33,000 SF

      Retail Space in Dothan Corridor

      Retail space available in a busy Dothan shopping center.
      2841 Montgomery Hwy, Dothan, AL 36303
      View Details
    • Contact for pricing

      Renovated Office Building on Ross Clark

      Freestanding office building near Southeast Health Medical Center.
      926 Ross Clark Cir, Dothan, AL 36303
      View Details
    • Contact for pricing

      Retail Space Next to ALDI

      Retail space available in Dothan's retail hub.
      1571 Westgate Pkwy, Dothan, AL 36303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    31.28 Acres Hwy 52
    Dothan, AL 36303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    31.28 Acres Hwy 52, Dothan, AL, 36303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!