5727 Montgomery Hwy Dothan, AL 36303-1589
- Bowling alleys
- 22,378 SF
- 2.39 lot acres
Current Use by Public Records
- Dothan Lanes / Bowling Alley / Bowling Supply Shop
Property Details for 5727 Montgomery Hwy
- Year built
- 1980
- Lot size
- 2.39 lot acres
- Property size
- 22,378 SF
- Property type
- Bowling alleys
- APN
- 04-09-32-0-000-010-016
- APU
- 409320000010016
Description
This exceptional commercial property, located at 5727 Montgomery Hwy in Dothan, Alabama, presents a significant investment opportunity. The 22,378 square foot building sits on a generous 2.37-acre lot, offering ample space for a variety of commercial uses. The property is zoned B-2, providing flexibility for diverse business ventures. While the previous business operating within the building closed on May 8th, 2024, some equipment and fixtures will remain upon sale. The current condition of the roof, HVAC system, and plumbing and electrical systems is unknown and will require independent assessment by a prospective buyer. This sale is strictly for the real estate
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $855,000
- 6.5%
- $865,000
- 7%
- $905,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $755,000
- Geo Method
- $840,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $795,000
- Retail
- $765,000
- Mixed-Use
- $915,000
- Hospitality
- $1,000,000
- Educational
- $725,000
- Residential Income
- $890,000
- Energy
- $810,000
- Income-Based Land
- $1,000,000
- Food Service
- $820,000
Location Insight
- Map
- Local Demand
- City
- Dothan
- County
- Houston
- State
- Alabama
- Longitude
- -85.4584
- Latitude
- 31.2777
- CBSA code
- 20020
- CBSA name
- DOTHAN, AL METROPOLITAN STATISTICAL AREA