406 Dothan RdAbbeville, AL 36310

Property Details for 406 Dothan Rd

Year built

1970

Lot size

4.64 AC

Property size (Sq ft)

2,490 SF

Property type

Retail properties

APN

37-10-09-29-4-001-004.000

APU

371009294001004000

Description

This exceptional 5,475 square foot commercial building is strategically located on Dothan Road (County Road 99) in Abbeville, Alabama. Situated on a half-acre lot, this property offers significant advantages for both investors and business owners. Its prominent position next to Money's Ford dealership ensures high visibility and accessibility. The building features four individual offices, providing flexibility for a single occupant to utilize all spaces or the opportunity to generate rental income from separate tenants. The property boasts a durable metal roof, minimizing maintenance concerns, and is equipped with nearly new air conditioning units, ensuring year-round comfort and energy efficiency. This presents a rare opportunity to acquire a well-maintained, high-visibility commercial property in a desirable location at an attractive price point of $395,000. The existing infrastructure and layout make it ideal for a variety of commercial uses, offering a strong return on investment potential. Don't miss this chance to own a piece of Abbeville's thriving commercial landscape. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $369,710

  6.5%

  $341,271

  7%

  $316,894

• Comparable approach

  Method

  Valuation

  Relative Method

  $446,076

  Geo Method

  $446,076

• Alternative Use

  Use

  Valuation

  Residential

  $287,875

  Hospitality

  $263,692

  Educational

  $219,388

  Medical

  $226,933

  Retail

  $341,271

Location Insight

City

Abbeville

County

Henry

State

Alabama

Latitude

31.548

Longitude

-85.2505

CBSA code

20020

CBSA name

DOTHAN, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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