About This Home

The property at 231 US Hwy 231 North sits on a 28.50-acre commercial tract in Dothan, AL. It has frontage along US 231, Racetrack Road, and Horace Shepard Drive. The parcel is positioned as a large development tract and the owners will consider dividing it, with the price subject to change according to the divided acreage. The listing price is $4,275,000. In the local market, the average days on market for active listings is two.

Key Features

  • 28.50 acre lot
Listing Description

Large development tract on US 231 north. Property has frontage on US 231, Racetrack Road, and Horace Shepard Drive. Owners will consider dividing, however price subject to change per divided acreage.

Monthly Cost Estimate

$22,864/mo

20% down · 6.5% · 30 years

Principal$3,092
Interest$18,525
Insurance$1,247

Estimates only. Actual payments may vary.

Location

231 US Hwy 231 North

Dothan, AL 36301

N A

Questions & Answers

This null-bedroom, null-bathroom commercial at 231 US Hwy 231 North is listed at $4,275,000. The estimated monthly payment is $22,864 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 28.50 acre lot.

This property is listed by Forrest Register and can be reached at 3347932440.

FR

Forrest Register

Agent at Register Realty Company Inc

(334) 793-2440

Listed by Register Realty Company Inc · Broker phone: 3347932440 · View on Broker Site

MLS# 145709· Source: Southeast Alabama Association of REALTORS®· 302 days on PropertySimple

Copyright © 2026 Southeast Alabama Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

231 US Hwy 231 North, Dothan, AL 36301

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