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Property profile & analytics
FOR SALE
Investment properties
5031 Montgomery Hwy, Dothan, AL 36303
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-2093543
For Sale
1 / 24
Contact for pricing
5031 Montgomery Hwy, Dothan, AL 36303
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Property summary
AI-generated overview
This exceptional Class A retail space, totaling 5,000 square feet, is situated on a one-acre lot at 5031 Montgomery Hwy (Hwy 231 N) in Dothan, Alabama, zip code 36303. Built in 2015, the single-story building offers 1,100 square feet of immediately available end-cap space within a thriving retail center. The property boasts excellent highway visibility and convenient access, making it an ideal location for a variety of businesses. Currently configured for multiple tenants, this space is zoned B-2. The center is anchored by established businesses including Sports Clips and KIKU Asian Express, and benefits from its proximity to the major retail hub of the Wiregrass at The Dothan Pavilion. National retailers such as Target, Lowe's, Best Buy, Dick's Sporting Goods, Kohl's, AMC Theatres, Michaels, and ULTA are located nearby, ensuring high foot traffic and brand recognition. The property includes 15 total parking spaces. There are no elevators.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2015
Total area
5,243 SF
Lot
1.01 ac (43,996 SF)
APN
09-02-04-2-000-001-023
UPID
US03-2093543
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
Current use
Occupant on record · Public records
-
T-Mobile Mobile Phone Store Electronics & Wireless Store
-
AL601 Hair Salon
-
Kiku Asian Food Express Restaurant
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Sport Clips Haircuts of Dothan Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wf/al Properties LLC · 5 yrs held
Wf/al Properties LLC
since 2020
Last sale
$2.2M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dothan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dothan submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,751
Tax year 2023
Assessed value
$253,660
Assessed 2023
Previous assessed
$253,660
+0.0% YoY
Effective rate
3.45%
On assessed value
Land market value
$703,900
Improvement market value
$564,400
Total market value
$1,268,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
2015
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
5,243 SF
Lot
1.01 ac (43,996 SF)
APN
09-02-04-2-000-001-023
UPID
US03-2093543
Jurisdiction
HOUSTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2015
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Wf/al Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
16530 VENTURA BLVD STE #310, ENCINO, CA 91436-4598
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2020
—
Wf/al Properties LLC
Wf Properties LLC
Quit Claim Deed
related
—
Aug 21, 2018
$2,200,000
Wf Properties LLC
Lg Dothan LLC
Special Warranty Deed
$1,430,000 · Stanford FCU
Nov 17, 2014
$747,925
Lg Dothan LLC
Houston County Health Care Authorit
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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