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Financial
Distress signals
Property profile

3320 Montgomery Hwy Dothan, AL 36303

FOR SALE
Turn key restaurants
Property ID
US03-1335266
6,803 SF 1.93 ac lot Built 1998
Last sale Nov 2023 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$303k
Effective rate3.45%

Value estimate

· Oct 2026
$1.50M
$1.35M – $1.65M
NOI build-up
Gross scheduled income$109k
Vacancy & credit loss−$8k
Operating expenses−$25k
NOI · 2.63% cap applied$76k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$294/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$100 – $467

Cap rate analysis

How does the asset earn?
2.63%
$76k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHOUSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.7
Realty agency18.0
Building Supply13.5

Location

3320 Montgomery Hwy Dothan, AL 36303
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2718 Montgomery, Dothan, AL 36303-2604 $429,000 Jun 2025 6,682 SF
206 Appletree, Dothan, AL 36303-4814 $145,000 Mar 2025 9,250 SF
549 Bic, Dothan, AL 36303-5871 $180,000 Feb 2025 10,245 SF
135 Foster, Dothan, AL 36303-4539 $353,000 Nov 2024 5,386 SF
3501 Montgomery, Dothan, AL 36303-2110 $825,000 Aug 2024 6,487 SF
263 Kelley, Dothan, AL 36303-5401 $485,000 Apr 2024 8,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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