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Property profile

3124 Main St Dothan, AL 36305

OFF-MARKET
Investment properties
Property ID
US03-1276109
18,818 SF 1.64 ac lot Built 1990
Entity Owned 5-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional 1,650 square foot medical office suite is perfectly situated on West Main Street, boasting high visibility and traffic counts. Previously utilized as dental/medical offices, the space is ready for immediate occupancy on August 1st. The layout includes a welcoming waiting room, a dedicated reception area, two bathrooms, five private offices or patient rooms, and a convenient break room. Its single-tenant configuration offers flexibility and control. The property's prime location on West Main Street, just off Ross Clark Circle and Highway 84, ensures maximum exposure to a large customer base. This area is known for its consistent growth and high demand for commercial space, making it ideal for medical practices, insurance agencies, or other professional businesses. The building's corner location provides excellent visibility and accessibility. Easy to find, the property is located before Flowers Chapel Road, if you pass it, you've gone too far. This is a rare opportunity to secure a well-appointed, high-traffic medical office suite in a thriving commercial area. The space is completely vacant and ready for your immediate use.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1990
Total area 18,818 SF
Lot 1.64 ac (71,600 SF)
APN 09-05-16-4-001-018-000
UPID US03-1276109

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company
  • Tax Preparation
  • Real Estate Agency
  • Alternative Medicine Practice Spa & Massage Center
  • Accounting Firm Tax Preparation

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$820k

Owner & transaction history

since 2021
Last sale
$638,000
5 recorded transactions
2026
Price N/A
2024
Price N/A
2021
$638,000
2021
$638,000
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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