Technical
Financial
Distress signals
Property profile

3320 Montgomery Hwy Dothan, AL 36303

OFF-MARKET
Turn key restaurants
Property ID
US03-1335266
6,803 SF 1.93 ac lot Built 1998
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 7,327 square foot retail property, situated on a prominent 1.9-acre lot at 3320 Montgomery Highway in Dothan, Alabama, presents a unique investment opportunity. Currently configured as a single-tenant restaurant space, the building boasts ample square footage, with 6,803 square feet currently vacant, offering significant potential for redevelopment or lease to a new tenant. Built in 1998, the structure is located in Houston County, zip code 36303, and benefits from high visibility along Montgomery Highway, ensuring strong foot traffic and brand recognition. The expansive 1.9-acre lot provides ample parking and potential for future expansion or outdoor seating. This property is ideal for a variety of restaurant concepts or other retail businesses seeking a high-traffic location in a thriving community. The significant vacant space presents a blank canvas for customization, allowing a new tenant to create a space perfectly tailored to their needs. This is a rare opportunity to acquire a substantial retail property in a desirable location with significant upside potential. The property's size and location make it an attractive option for businesses seeking to establish a strong presence in the Dothan market. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 6,803 SF
Lot 1.93 ac (83,940 SF)
APN 09-02-10-2-000-001-007
UPID US03-1335266

Cap rate & NOI

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

Location

3320 Montgomery Hwy Dothan, AL 36303-2114
Dothan metro Census 40301 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
by Request
Blend (final) Blend
$1.50M

Owner & transaction history

since 2023
Last sale
$1.7M
1 recorded transaction
2023
$1.7M

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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