Single-Use Industrial
1768 Industrial Road Dothan, AL 36303
1768 Industrial Road, Dothan, AL, 36303
$1,100,000
For Sale
$1,100,000
COMMERCIAL - Dothan, AL
Property Size24,000 SF
Lot Size2.40 Acres
Price / SF$45.83
Days on Market75
Property Features for 1768 Industrial Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 09-01-02-4-000-012.000
- Lot size
- 2.40 Acres
Building Details
- Year built
- 1976
- Floors in Building
- 1
Listing Agency
Lan Darty Real Estate & Development
(334) 699-2300
3124 W Main St Suite 6, Dothan, AL
Listed by
Lan Darty
(334) 699-2300
Added: May 4 Checked: Jul 17 at 9:06 am
MLS# 212947
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.
Investment Insights
Based on property information with market context.
This for-sale industrial warehouse property includes two warehouse areas, with one tenant in one 12,000-square-foot portion and an additional 12,000-square-foot portion currently vacant. The offering is located on a 2.4-acre lot, providing room for on-site operations consistent with a warehouse setting.
The property is at 1768 Industrial Road in Dothan, Alabama, in Houston County (36303). The Industrial Road address supports straightforward access typical of industrial corridors, with the property sized to accommodate warehouse use on-site.
From a tenant or owner-operator standpoint, the layout allows flexibility between occupied and available space, depending on operational needs. If you are looking for space to expand or relocate within the same facility, the presence of a vacant 12,000-square-foot warehouse portion can be a practical fit for users who want to maintain control of their footprint. Investors and buyers evaluating an income-and-vacancy structure may find the split between an occupied area and a vacant area useful for planning next steps.
The property is at 1768 Industrial Road in Dothan, Alabama, in Houston County (36303). The Industrial Road address supports straightforward access typical of industrial corridors, with the property sized to accommodate warehouse use on-site.
From a tenant or owner-operator standpoint, the layout allows flexibility between occupied and available space, depending on operational needs. If you are looking for space to expand or relocate within the same facility, the presence of a vacant 12,000-square-foot warehouse portion can be a practical fit for users who want to maintain control of their footprint. Investors and buyers evaluating an income-and-vacancy structure may find the split between an occupied area and a vacant area useful for planning next steps.
Key Highlights
- Year built: 1976
- One‑tenant commercial space with 12,000 sq. ft
- 12,000 sq. ft is currently vacant
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.0k | $6.00 |
| − Vacancy | −$9.4k | −$0.39 |
| EGI | $134.6k | $5.61 |
| − OpEx | −$40.4k | −$1.68 |
| NOI | $94.2k | $3.93 |
24,000 SF · lease $6.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.71M
$1.50M – $2.00M
NOI $119,913 @ 7.0% cap · market cap 10.90%
Second Best
Industrial
$1.35M
$1.18M – $1.57M
NOI $94,248 @ 7.0% cap · market cap 8.57%
Theoretical Best
Healthcare Medical
$4.24M
$3.71M – $4.95M
NOI $296,940 @ 7.0% cap · market cap 26.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
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FAQs
What type of property is this?
Warehouse - For sale industrial property with one tenant space and an additional vacant warehouse area on 2.4 acres.
Where is this warehouse located?
The property is located at 1768 Industrial Road Dothan, AL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Year built: 1976; One‑tenant commercial space with 12,000 sq. ft; 12,000 sq. ft is currently vacant
