231 Line Rd Dothan, AL 36301
This exceptional 5.85-acre commercial land parcel presents a unique investment opportunity in Dothan, Alabama. Strategically located on the corner of U.S. Highway 231 South and State Line Road, this property boasts high visibility and convenient access. Its proximity—just 500 feet from the Alabama-Florida state line—offers significant advantages, particularly given the reported price difference in fuel between the two states. The parcel's APN is 2706230000006000. The high-traffic location, coupled with its proximity to a popular lottery sales location just across the Florida state line, makes this site ideal for a variety of commercial ventures. Consider the potential for a gas station, convenience store, or other businesses that could capitalize on the substantial foot and vehicle traffic in this area. The asking price for this prime commercial land is $395,000. This represents a compelling opportunity to acquire a well-positioned property with significant development potential in a thriving market. Don't miss this chance to secure a piece of this highly desirable location.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.