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Property profile & analytics
OFF-MARKET
Land

6300 Block Of Hwy 84 Cowarts, AL 36321

178.55 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 178.55 ac (7,777,638 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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