824 Foster StDothan, AL 36301

Property Details for 824 Foster St

Year built

1978

Lot size

0.36 AC

Property size (Sq ft)

4,280 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

09-06-24-4-006-009-001

APU

906244006009001

Description

This exceptional Dothan, Alabama industrial property offers 17,102 square feet of versatile space, ideal for various commercial or industrial uses. The property comprises three warehouses and one office building, all situated on a 1.07-acre lot. One warehouse boasts 8,000 square feet with four overhead doors, while the other two warehouses each offer 4,000 square feet and two overhead doors. A 1,102-square-foot office completes the complex. Each building features its own restrooms. High ceilings provide ample vertical storage capacity. The property benefits from convenient access to major transportation routes and ample parking. This Class A, vacant property is priced at $395,000 and presents a significant opportunity for businesses seeking flexible and functional space in a prime Dothan location. The property's layout is adaptable to manufacturing, distribution, or storage needs. The address is 824 S Foster St, Dothan, AL 36301, and the APN is 1.07. This single-story complex offers a compelling investment opportunity in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $635,485

  6.5%

  $586,602

  7%

  $544,702

• Comparable approach

  Method

  Valuation

  Relative Method

  $766,748

  Geo Method

  $766,748

• Alternative Use

  Use

  Valuation

  Residential

  $494,821

  Hospitality

  $453,253

  Educational

  $377,101

  Medical

  $390,070

  Retail

  $586,602

Location Insight

City

Dothan

County

Houston

State

Alabama

Latitude

31.214

Longitude

-85.3922

CBSA code

20020

CBSA name

DOTHAN, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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