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Property profile & analytics
OFF-MARKET Estimated value $1,635,000
Turn key restaurants

3320 Montgomery Hwy Dothan, AL 36303-2114

6,803 SF 1.93 ac lot Built 1998
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US03-1335266
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.64M
Owner & transaction history
3320 Montgomery Hwy Partners LLC · 2 yrs held
3320 Montgomery Hwy Partners LLC
since 2023
Last sale
$1.7M
1 recorded transaction
2023
$1.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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