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    Property profile & analytics

    241 Park Ave Dothan, AL 36303-4015

    • Office buildings
    • 2,646 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $50,000
    Last Sale
    Aug 22, 2024
    $65,000
    Location Intelligence
    Property ID
    US03-1343529
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Waid Parrish & Associates / Architect

    Property Details for 241 Park Ave

    Year built
    1929
    Lot size
    0.40 lot acres
    Property size
    2,646 SF
    Property type
    Office buildings
    APN
    09-06-14-3-005-003-000
    APU
    906143005003000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.4095
    Latitude
    31.2287
    CBSA code
    20020
    CBSA name
    DOTHAN, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,399
    $0.00
    $0.00
    $40,560
    -
    $21,700
    $181,100
    $202,800

    Comparable in this City

    • Value Estimation by Request

      111 Saint Andrews St

      OFFICE BUILDING
      111 Saint Andrews St, Dothan, AL 36303-4837
      View Details
    • Value Estimation by Request
      5,757 SF

      2407 Montgomery Hwy

      OFFICE BUILDING • 5,757 SF
      2407 Montgomery Hwy, Dothan, AL 36303-2651
      View Details
    • Value Estimation by Request
      3,243 SF

      301 Perry Ave

      OFFICE BUILDING • 3,243 SF
      301 Perry Ave, Dothan, AL 36303-2543
      View Details
    • Value Estimation by Request
      4,400 SF

      1557 Reeves St

      OFFICE BUILDING • 4,400 SF
      1557 Reeves St, Dothan, AL 36303-2843
      View Details
    • Value Estimation by Request
      4,224 SF

      1007 Seminole Dr

      OFFICE BUILDING • 4,224 SF
      1007 Seminole Dr, Dothan, AL 36303-3329
      View Details
    • Value Estimation by Request
      1,059 SF

      2238 Westgate Pkwy

      OFFICE BUILDING • 1,059 SF
      2238 Westgate Pkwy, Dothan, AL 36303-5615
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,658 SF

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      Downtown Dothan Mixed-Use Gem

      Historic building, multiple income streams
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    • $225,900
      0.40 Acres

      Dothan Commercial Space for Sale

      Affordable commercial space with flexible layout and recent updates.
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    Similar Nearby for Lease

    • $15 SF/Yr
      1,225 SF

      Dothan Office Space Available

      Office space available for lease in Dothan, Alabama.
      188 N Foster St, Dothan, AL 36303
      View Details
    • Contact for pricing
      174,064 SF

      Northside Plaza Medical Office Space

      Dothan, AL medical office suites available. Multiple sizes, high visibility.
      3489 Ross Clark Cir, Dothan, AL 36303
      View Details
    • $33 SF/Yr
      2,998 SF

      Dothan Retail Space - Hwy 231

      High-traffic retail space, 2,998 sq ft.
      2870 Montgomery Hwy, Dothan, AL 36303
      View Details
    • $6 SF/Yr
      18,000 SF

      Dothan Industrial Flex Space Available

      8,000 SF Flex Space, Two Buildings
      704 Murray Rd, Dothan, AL 36303
      View Details
    • $4 SF/Yr
      20,000 SF

      Versatile Warehouse/Manufacturing Space Available

      20,000 SF warehouse/manufacturing space with loading dock and drive-in door.
      300 Plant St, Dothan, AL 36303
      View Details
    • $24 SF/Yr
      1,100 SF

      Dothan Retail Space for Lease

      High-traffic retail space available now.
      5031 Montgomery Hwy | Dothan, AL 36303, Dothan, AL 36303
      View Details
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    241 Park Ave
    Dothan, AL 36303-4015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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