Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    500 Healthwest Dr Dothan, AL 36303-6900

    • Medical offices
    • 4,254 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $800,000
    Last Sale
    Mar 28, 2024
    $805,000
    Location Intelligence
    Property ID
    US03-1144250
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Flowers Medical Group - Dothan West Family Medicine / Medical Group
    • Mrs. Rhonda Wilcox / Nurse Practitioner
    • Candace Short, DNP, CRNP / Family Practice Physician
    • Homer Leon Lassiter / Family Practice Physician

    Property Details for 500 Healthwest Dr

    Year built
    2006
    Lot size
    0.49 lot acres
    Property size
    4,254 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    09-04-17-0-003-001-007
    APU
    904170003001007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $780,000
      6.5%
      $785,000
      7%
      $710,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $680,000
      Geo Method
      $770,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $690,000
      Retail
      $725,000
      Mixed-Use
      $895,000
      Hospitality
      $920,000
      Educational
      $860,000
      Residential Income
      $810,000
      Energy
      $790,000
      Income-Based Land
      $790,000
      Food Service
      $885,000

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.4528
    Latitude
    31.2409
    CBSA code
    20020
    CBSA name
    DOTHAN, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,846
    $0.00
    $0.00
    $111,480
    -
    $112,500
    $444,900
    $557,400

    Comparable in this City

    • Value Estimation by Request
      4,899 SF

      108 Medical Dr

      MEDICAL BUILDING • 4,899 SF
      108 Medical Dr, Dothan, AL 36303-6902
      View Details
    • Value Estimation by Request
      12,236 SF

      1672 Columbia Hwy

      MEDICAL BUILDING • 12,236 SF
      1672 Columbia Hwy, Dothan, AL 36303-5434
      View Details
    • Value Estimation by Request
      4,277 SF

      101 Medical Dr

      MEDICAL BUILDING • 4,277 SF
      101 Medical Dr, Dothan, AL 36303-6903
      View Details
    • Value Estimation by Request
      9,656 SF

      107 Medical Dr

      MEDICAL BUILDING • 9,656 SF
      107 Medical Dr, Dothan, AL 36303-6903
      View Details
    • Value Estimation by Request
      3,318 SF

      2401 Choctaw St

      MEDICAL BUILDING • 3,318 SF
      2401 Choctaw St, Dothan, AL 36303
      View Details
    • Value Estimation by Request
      10,410 SF

      408 Healthwest Dr

      MEDICAL BUILDING • 10,410 SF
      408 Healthwest Dr, Dothan, AL 36303-2054
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,658 SF

      Two-Story Office Building Near Hospital

      Professional office building in established park, ideal for medical users.
      113 Adris Pl, Dothan, AL 36303
      View Details
    • $695,000
      8,500 SF

      Spacious Commercial Office Building

      8,500 sq ft office building with modern amenities.
      714 Murray Rd, Dothan, AL 36303
      View Details
    • Contact for pricing
      50,000 SF

      Mixed-Use Property and Event Venue

      Dynamic mixed-use property and event venue on Headland Avenue.
      1369 Headland Ave, Dothan, AL 36303
      View Details
    • Contact for pricing
      28,789 SF

      Downtown Dothan Mixed-Use Gem

      Historic building, multiple income streams
      191 Foster St, Dothan, AL 36303
      View Details
    • $225,900
      0.40 Acres

      Dothan Commercial Space for Sale

      Affordable commercial space with flexible layout and recent updates.
      104 Herring St, Dothan, AL 36303
      View Details
    • $1,350,000
      3,060 SF

      Former Car Lot with Office

      Former used car lot with mobile home office for sale.
      4193 Ross Clark Cir, Dothan, AL 36303
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      174,064 SF

      Northside Plaza Medical Office Space

      Dothan, AL medical office suites available. Multiple sizes, high visibility.
      3489 Ross Clark Cir, Dothan, AL 36303
      View Details
    • $10 SF/Yr
      633,118 SF

      900 Commons Dr

      Warehouses • 633,118 SF
      900 Commons Dr, Dothan, AL 36303
      View Details
    • $33 SF/Yr
      2,998 SF

      Dothan Retail Space - Hwy 231

      High-traffic retail space, 2,998 sq ft.
      2870 Montgomery Hwy, Dothan, AL 36303
      View Details
    • $15 SF/Yr
      1,225 SF

      Dothan Office Space Available

      Office space available for lease in Dothan, Alabama.
      188 N Foster St, Dothan, AL 36303
      View Details
    • Contact for pricing
      4,400 SF

      Retail Space on Ross Clark

      Retail property with superior visibility and high traffic counts.
      3106-3112 Ross Clark Cir, Dothan, AL 36303
      View Details
    • $950,000
      10,214 SF

      Prime Retail Space in Dothan

      High-visibility retail space in Dothan's commercial hub.
      3015 Montgomery Hwy, Dothan, AL 36303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 Healthwest Dr
    Dothan, AL 36303-6900
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.