NOT LISTED FOR SALE

2536 Montgomery Hwy Dothan, AL 36303

Estimated Value: $4,661,610

-- Bed
0.5 Bath
1,511 Sq Ft
$3,085/Sq Ft Est. Value

About This Home

As of March 2014

This is Suite #1 of 2536 Montgomery Hwy, which is the 3rd building of Crepe Myrtle Business Center. Formerly operated as a salon and now as a youth ministry. The unit consists of 1,511 Sq. Ft. Lease payment is $1,350 per month plus Common Area Maintenance expense (CAM) at $2.00 per Sq. ft. $251.83 per month) for a gross payment of $1,601.83 per month. The other suites in the building are occupied by the Armed Forces Recruiting Center. 5 year minimum lease term. ADA compliant bathroom.

Last Agent to Rent the Property

Mark Dennis

Tom West Company, Inc. License #26522 Listed on: 04/14/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,040

Year Built

  • 2008

Lot Details

  • Zoning described as Business/Commercial

Parking

  • No Garage

Interior Spaces

  • 0.5 Bathroom
  • 1,511 Sq Ft Home

Home Security

  • Security Lights
  • Fire Sprinkler System

Schools

  • Girard Primary/Intermediate
  • Girard Middle School
  • Northview High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Property Available on 3/3/14

Community Details

Overview

  • Montgomery Hwy Subdivision

Amenities

  • Private Restrooms
  • Public Restrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,040

Year Built

2008

Lot Details

0

Rental Info

  • Lease Term: Long Term Lease
  • Available Date: 2014-03-03

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Residential Lease
  • Business Type: Professional/Office, Sales, Professional Service, Shopping Center
  • Subdivision Name: Montgomery Hwy
  • Directions: Crepe Myrtle Business Center is located on the north side of the Montgomery Hwy, between Girard Avenue and North Cherokee.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • ResoBuildingAreaSource: Plans
  • Special Features: None
  • Year Built (Public Record): 2008

Interior Features

  • Possible Use: Office, Medical/Dental, Retail, Small Business, Spa
  • Appliances: Other
  • Accessibility Features: Not Handicap Accessible
  • Half Bathrooms: 1
  • Door Features: Two Dock Height Doors
  • Living Area: 1511
  • ResoLivingAreaSource: Plans
  • Dining Room Features: None, Other

Exterior Features

  • Lot Features: Other
  • Waterfront Features: No Waterfront, No Boat Facilities
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Lot (21-50 spaces), No Garage/Carport

Utilities

  • Security: Security Lights, Fire Sprinkler System
  • Green Building Features: Restroom-Private, Restroom-Public
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: Total Electric
  • Utilities: Sewer Available, Water Connected

Condo/Co-op/Association

  • Community Features: None

Schools

  • Elementary School: Girard Primary/Intermediate
  • High School: Northview
  • Middle Or Junior School: Girard

Lot Info

  • Zoning Description: Business/Commercial

Multi Family

  • Existing Lease Type: Escalating Lease, Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2020
Sold by
Crepe Myrtie Holding Llc
Bought by
Dabit Properties Llc
Current Estimated Value
$4,661,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,115,000
Interest Rate
3.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dabit Properties Llc $3,115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dabit Properties Llc $3,115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Rented -- -- --
02/12/2014 02/12/14 Under Contract -- -- --
04/14/2011 04/14/11 For Rent -- -- --
Source: Dothan Multiple Listing Service (Southeast Alabama Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,040 $140,000 $0 $0
2023 $5,040 $140,000 $0 $0
2022 $4,830 $140,000 $0 $0
2021 $4,534 $147,940 $0 $0
2020 $4,252 $123,260 $0 $0
2019 $4,231 $122,640 $0 $0
2018 $4,231 $122,640 $0 $0
2017 $4,020 $116,520 $0 $0
2016 $4,020 $0 $0 $0
2015 $4,020 $0 $0 $0
2014 $4,020 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dothan Multiple Listing Service (Southeast Alabama Association of REALTORS®)

MLS Number: 140209

APN: 09-02-10-4-010-008-000