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    Property profile & analytics

    505 Cherry St Dothan, AL 36303-4737

    • Outlet malls
    • 10,437 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $120,000
    Last Sale
    Nov 15, 2023
    $129,500
    Location Intelligence
    Property ID
    US03-1346441
    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

    • Non Plus Ultra / Event Venue / Event Management Company
    • Advanced Solar Control / Window Tinting Service

    Property Details for 505 Cherry St

    Year built
    1970
    Lot size
    0.60 lot acres
    Property size
    10,437 SF
    Property type
    Outlet malls
    APN
    09-06-13-4-012-009-000
    APU
    906134012009000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.3883
    Latitude
    31.2295
    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
    $1,015
    $0.00
    $0.00
    $29,420
    -
    $9,500
    $137,600
    $147,100

    Comparable in this City

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      1750 Kinsey Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 14,670 SF
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      5,080 SF

      2360 Range St

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    • Value Estimation by Request
      5,079 SF

      1861 Montgomery Hwy

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    • Value Estimation by Request
      13,576 SF

      471 Ross Clark Cir

      WHOLESALE OUTLET, DISCOUNT STORE • 13,576 SF
      471 Ross Clark Cir, Dothan, AL 36303-5878
      View Details
    • Value Estimation by Request
      10,024 SF

      203 Vulcan Way

      WHOLESALE OUTLET, DISCOUNT STORE • 10,024 SF
      203 Vulcan Way, Dothan, AL 36303-5879
      View Details

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    505 Cherry St
    Dothan, AL 36303-4737
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    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
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