Building Details

Year built 1973

Floors in Building 1

Listing Agency: Keller Williams Southeast Alabama · Keller Williams Realty t***@kw.com Show Phone

Listed By: Megan Rhodes · License #115210 Show Phone

Added: May 20 Changed: Aug 19 Last Checked: Oct 15 at 12:06PM

Report an Issue

MLS# 213154

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 medical office property contains 1,476 square feet within a flexible building layout. Its documented prior use as a chiropractic office provides an established healthcare-office context, while the configuration is suited to a variety of professional office applications. The building was constructed in 1973.

Located at 110 W Burdeshaw Street in downtown Dothan, the property is positioned within walking distance of major attractions, dining, and surrounding businesses. The central setting places professional office space within an active downtown environment.

Key Highlights

• 1,476‑square‑foot medical office property
• Flexible layout suited to professional office uses
• Previously occupied by a chiropractic office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$18,262

Cap Rate

6.76%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$365,240 $365.2K

Cap Rate 7%

$260,886 $260.9K

Cap Rate 9%

$202,911 $202.9K

Market Conditions

NOI Build-Up for 1,476 SF

Gross rent

$34.0K $23.04/SF

− Vacancy

−$3.6K −$2.42/SF

EGI

$30.4K $20.62/SF

− OpEx

−$12.2K −$8.25/SF

NOI

$18.3K $12.37/SF

Area

Houston County, AL

Vacancy

10.50%

Lease Rate

$23.04 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$365,240

Cap Rate 7%

$260,886

Cap Rate 9%

$202,911

Alternative Uses

Best Use

Healthcare Medical

$260.9K

$228.3K – $304.4K (±1% cap)

NOI $18,262 @ 7.0% cap · market cap 6.76%

Second Best

Office B

$162.4K

$142.1K – $189.5K (±1% cap)

NOI $11,368 @ 7.0% cap · market cap 4.21%

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Acupuncture Chiropractic Clinic ... Medical Clinic

Suggested Use

Top Pick Dental Office Pharmacy Parking Lot & Garage Garden Center Storage Facility Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,166

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 36303, AL

31,080

Population

14,622

Households

2.1

Avg Household Size

39

Median Age

28%

College-Educated

88%

High-School Grad

58.9 sq mi

ZIP Area

528

Density / Sq Mi

$53,006

Median Household Income

$34,504

Median Earnings

$855

Median Rent

$175,600

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Freestanding Bank Building with Drive-Through

1380 E Cottonwood Rd, Dothan, AL 36301

$1,895,000

4.20 Acres

View details

Flex Space With Loading Docks

2221 Ross Clark Circle, Dothan, AL 36301

$849,900

1.28 Acres

View details

Office Building with Seven Offices

207 W Adams, Dothan, AL 36303

$275,000

0.41 Acres

View details

Mixed-Use Property with Office

912 S Oates, Dothan, AL 36301

$200,000

0.28 Acres

View details

Remodeled Brick Office Building

1003 Haven Drive, Dothan, AL 36301

$172,500

0.24 Acres

View details

Office Building with Parking

211 W Adams, Dothan, AL 36303

$130,000

0.19 Acres

View details

Office Building

1125 S Saint Andrews, Dothan, AL 36301

$125,000

0.37 Acres

View details

Duplex with Fenced Yard

128 Heyward DR, Dothan, AL 36303

$219,900

1,372 SF

View details

Updated Duplex

1103 TACOMA ST, Dothan, AL 36303

$155,000

1,286 SF

View details

Waterfront Duplex

212 Montana Street, Dothan, AL 36303

$74,900

1,698 SF

View details

Waterfront Duplex with Fenced Yard

503 S State Hwy 109, Dothan, AL 36301

$339,000

2,400 SF

View details

Flex Property with Fenced Yard

725 Murray Road, Dothan, AL 36303

$279,900

0.40 Acres

View details

Similar Off Market Nearby

• Blackwellking — 419 W Main St, Dothan, AL 36301

Frequently Asked Questions

What type of property is this?

Medical Office Space - Downtown setting with an adaptable layout for professional practice and office use.

Where is this medical office space located?

The property is located at 110 W Burdeshaw Street Dothan, AL.

What is the asking price?

The asking price for this property is $270,000.

What are key features of this property?

This property features: 1,476‑square‑foot medical office property; Flexible layout suited to professional office uses; Previously occupied by a chiropractic office