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Property profile & analytics
OFF-MARKET Estimated value $500,000
Medical Office Space

2240 Main St Dothan, AL 36301-1222

3,161 SF 0.55 ac lot Built 1986
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US03-1138273
Property summary
AI-generated overview

This exceptional 2,939 square foot office building is strategically located on West Main Street in Dothan, Alabama, offering unparalleled visibility and accessibility. Situated on a half-acre lot, the property boasts five individual offices, perfect for a variety of professional uses, including medical practices. A welcoming reception area sets the tone for a professional and efficient workspace. The building's prime location ensures high traffic and excellent exposure, making it an ideal investment opportunity for those seeking a well-established presence in a thriving community. The spacious layout provides ample room for both individual work and collaborative efforts. The asking price of $479,000 presents a compelling opportunity to acquire a turnkey office space in a desirable location. This property is ready for immediate occupancy and presents a rare chance to own a well-maintained and highly visible commercial asset in the heart of Dothan. Serious inquiries are encouraged to explore this exceptional opportunity further. The property's size and location make it a highly attractive option for a variety of professional businesses seeking a prominent presence in Dothan.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Total area 3,161 SF
Lot 0.55 ac (24,150 SF)
APN 09-05-15-4-004-026-000
UPID US03-1138273
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
Current use
Occupant on record · Public records
  • Wiregrass Window and Door Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$600k
Comparable Approach Comparable
$510k
Blend (final) Blend
$500k
Owner & transaction history
Extended Care Medican Associates Ll
Extended Care Medican Associates Ll
since 2025
Last sale
$440,000
2 recorded transactions
2025
$440,000
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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