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Property profile & analytics
OFF-MARKET
Land

0 Patterson Rd Dothan, AL 36301

28.01 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 28.01-acre agricultural tract presents a unique investment opportunity in Dothan, Alabama. Ideally situated on paved Patterson Road in Houston County, this property boasts convenient access to the city while maintaining a tranquil rural setting. The land is zoned for agricultural use, offering flexibility for various farming or ranching endeavors. A significant feature is a sizable, year-round pond, providing a valuable water source. The property is partially cleared, offering a balance of developed and natural areas. The location within the Rehobeth School District is an added benefit for those seeking proximity to quality education. Recent construction of new homes in the surrounding area indicates a growing and desirable community. The asking price for this expansive property is $399,000. This represents a compelling opportunity to acquire a substantial land holding in a thriving Alabama location with excellent access and desirable amenities. The property's size and features make it suitable for a variety of agricultural uses, or as a potential site for future development, subject to local zoning regulations. The property is offered for sale by owner. The zip code is 36301.

Property profile
Verified
Property type Land
Lot 28.01 ac (1,220,116 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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