6300 Block Of Hwy 84 Cowarts, AL 36321
This exceptional 178.55-acre commercial development site presents a rare opportunity in Cowarts, Alabama. Located on Highway 84 East, just two miles east of Dothan city limits, this property boasts over 1,200 feet of CSX rail frontage and 1,100 feet of frontage on the four-lane highway. The land is level and easily buildable, making it ideal for a variety of commercial or residential projects. Significant infrastructure advantages include readily available sewer, natural gas, a generous power supply, and an abundant local water supply. Furthermore, this prime industrial development land benefits from the availability of skilled labor and among the lowest property taxes in the nation. State and local incentives are also available to support development. Rail service will be directly accessible to the property. The asking price is $2,856,800, translating to $16,000 per acre. A new retail/residential mixed-use development is planned for the area, further enhancing the property's long-term value and potential. This is a truly unique opportunity to acquire a large-scale development site with exceptional access and infrastructure.
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.