0 2.05 Acre Parcel On Honeysuckle Rd Dothan, AL 36305
This exceptional 2.05-acre commercial land parcel is ideally situated on Honeysuckle Road in Dothan, Alabama, zip code 36305. Currently zoned O-2, this property presents a remarkable opportunity for various commercial developments. The lot boasts 304 square feet of Honeysuckle Road frontage, providing excellent visibility and accessibility. Its prime location offers unparalleled convenience, with close proximity to a range of amenities including hotels, restaurants, retail shopping centers, a retirement village, apartment complexes, and banks. A 2017 traffic count recorded 18,850 vehicles passing by, highlighting the high traffic volume in this thriving area. This makes it an excellent site for office buildings, medical facilities, or a freestanding commercial structure. The seller is open to considering the division of the parcel into smaller lots, offering flexibility for potential buyers. This property is priced at $429,000 and represents a significant investment opportunity in a rapidly growing area of Dothan. The location's strong infrastructure and diverse surrounding businesses create a compelling environment for a successful commercial venture. Serious inquiries are encouraged.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.