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Property profile & analytics
OFF-MARKET
Land

0 2.05 Acres And 1.05 Acres Honeysuckle Rd Dothan, AL 36305

3.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses two parcels totaling 3.1 acres of land situated on Honeysuckle Road in Dothan, Alabama, zip code 36305. The property is zoned O-2, making it suitable for a variety of commercial uses, particularly medical or general office space. The larger parcel, measuring 2.05 acres, boasts 304 feet of frontage along Honeysuckle Road, while the smaller 1.05-acre parcel offers 154 feet of road frontage. Both parcels are available for sale individually or together. The location benefits from high traffic counts, with a recorded 18,850 vehicles per day in 2017. This prime location is conveniently near a variety of amenities, including hotels, restaurants, retail shopping centers, a retirement village, apartment complexes, and banks, ensuring high visibility and accessibility for any business. The seller is open to dividing the parcels and lots to accommodate various development plans. This presents a unique chance to acquire a strategically positioned property in a thriving area of Dothan.

Property profile
Verified
Property type Land
Lot 3.1 ac (135,036 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
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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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