3124 Main St Dothan, AL 36305-1146
- Investment properties
- 18,818 SF
- 1.64 lot acres
Current Use by Public Records
- d.Ream Properties / Property Management Company
- J Michael Lambert Co / Tax Preparation Service
- George Howell Sellers Realtor / Real Estate Consultant
- Nothing But Love Wellness Spa / Gift Shop / Spa
- Ultimate Professional Tax Solutions / Tax Preparation
Property Details for 3124 Main St
- Year built
- 1990
- Lot size
- 1.64 lot acres
- Property size
- 18,818 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 09-05-16-4-001-018-000
- APU
- 905164001018000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $820,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $705,000
- 6.5%
- $670,000
- 7%
- $750,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $815,000
- Geo Method
- $765,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $640,000
- Retail
- $755,000
- Mixed-Use
- $730,000
- Hospitality
- $815,000
- Educational
- $755,000
- Residential Income
- $665,000
- Energy
- $750,000
- Income-Based Land
- $660,000
- Food Service
- $620,000
Location Insight
- Map
- Local Demand
- City
- Dothan
- County
- Houston
- State
- Alabama
- Longitude
- -85.4384
- Latitude
- 31.2294
- CBSA code
- 20020
- CBSA name
- DOTHAN, AL METROPOLITAN STATISTICAL AREA
