4630 Montgomery HwyDothan, AL 36303

Property Details for 4630 Montgomery Hwy

Year built

2005

Lot size

0.51 AC

Property size (Sq ft)

4,447 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

09-02-04-2-000-002-011

APU

902042000002011

Description

This exceptional 2,160-square-foot office space is ideally situated on Bay Parkway in Kings County (Brooklyn), offering a high-traffic location perfect for businesses seeking maximum visibility. The property is a single-tenant duplex with a basement, providing ample space for a variety of uses, including office, retail, or storage. Each of the two upper floors encompasses approximately 720 square feet, with a full bathroom conveniently located on the second floor. The unfinished basement adds significant additional square footage and includes two bathrooms. The high ceilings, ranging from 11 to 15 feet, create a spacious and airy atmosphere. This move-in ready space requires no renovations, making it an attractive option for immediate occupancy. A one-year lease is offered, with an option to renew for an additional year. The rental price includes property taxes; other utilities are the responsibility of the tenant. The property's prime location and versatile layout make it an exceptional opportunity for businesses seeking a well-maintained, readily available space in a high-traffic area. Schedule a viewing to experience this remarkable property firsthand.

• CAP approach

  CAP return

  Valuation

  6%

  $660,281

  6.5%

  $609,490

  7%

  $565,955

• Comparable approach

  Method

  Valuation

  Relative Method

  $796,666

  Geo Method

  $796,666

• Alternative Use

  Use

  Valuation

  Residential

  $514,128

  Hospitality

  $470,938

  Educational

  $391,815

  Medical

  $405,290

  Retail

  $609,490

Location Insight

City

Dothan

County

Houston

State

Alabama

Latitude

31.2677

Longitude

-85.4439

CBSA code

20020

CBSA name

DOTHAN, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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