Property profile

3175 Montgomery Hwy Dothan, AL 36303

OFF-MARKET
Retail space
Property ID
US03-1205983
10,180 SF 0.72 ac lot Built 1986
Individually Owned 21-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 12,180 square foot commercial property located at 3175 Montgomery Highway in Dothan, Alabama presents a rare investment opportunity. Situated on a 0.71-acre lot, this high-traffic, high-exposure location boasts a proven track record of success. The existing building offers significant potential for a variety of uses, capitalizing on its established presence and prime location. Alternatively, the property presents a compelling opportunity for redevelopment. Conceptual renderings are available for a potential multi-tenant structure, showcasing the site's adaptability and potential for increased revenue generation. This property is being offered at $895,000. Owner financing is available for qualified buyers, making this an attractive proposition for those seeking a flexible purchase option. The property's history of success, combined with its strategic location and potential for future development, makes it an exceptional investment in a thriving Alabama market. Detailed information and renderings are available upon request. Don't miss this chance to acquire a piece of Dothan's commercial landscape.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Total area 10,180 SF
Lot 0.72 ac (31,559 SF)
APN 09-02-10-2-000-019-001
UPID US03-1205983

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
  • Consultant
  • Shopping Center & Mall

Location

3175 Montgomery Hwy Dothan, AL 36303-2155
Dothan metro Census 40204 DOTHAN, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$944k
Blend (final) Blend
$490k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $955,000 +21.9%
Commercial (general) $920,000 +17.7%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3175 Montgomery Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message