1906 Fairview Ave Dothan, AL 36301-3008
This exceptional 10,454 square foot commercial lot is situated in Dothan, Alabama, at 1906 Fairview Avenue, zip code 36301. Offered at $499,000, this property presents a unique opportunity for redevelopment or expansion. Currently designated as special purpose land, its prime location directly across the street from Southeast Health offers significant potential for a variety of commercial ventures. The property includes an existing storage building that will remain with the sale, providing immediate utility. Ample parking is available both in the front and rear of the lot, ensuring convenient access for customers and employees. This property requires some renovation or development to reach its full potential, making it an ideal investment for those seeking a project with high upside. The lot's size and location in a high-traffic area near a major medical facility make it an attractive proposition for businesses seeking visibility and accessibility. The Houston County address provides easy access to major roadways and other amenities. This is a rare opportunity to acquire a substantial commercial lot in a thriving Alabama city.
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James Forehand, RPH Pharmacy
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Tina C. Stringer, RPH Pharmacy
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George Bowen Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.