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    704 Murray Rd Dothan, AL 36303

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    For Sale
    $1,255,459

    Fully leased industrial building with long-term tenants and NNN leases.

    Type:Industrial
    Property size:
    18,000 SF
    Lot size:
    4.00 Acres
    Price / SF:
    $69/SF
    Added:
    Jan 27, 2026
    Days on Market:
    92
    Last Refresh:
    Dec 3 at 5:00 am

    Property Features for 704 Murray Rd

    General Information

    Standard status
    Active
    Size
    18,000 SF
    Lot size
    4.00 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1968

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    Listing Contact
    John Man
    John Man

    Listing agent John Man License #02022928

    Listing office Coldwell Banker Roadrunner Realty

    Listing date Jan 27, 2026

    Source Naiglobal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Roadrunner Realty


    Overview

    Dothan Industrial Investment Opportunity

    This fully leased, multi-tenant investment property features an 18,000 square foot industrial service building. The building includes 14 overhead doors, a 20-foot ceiling height, and 7 offices. Located on the northeast side of Dothan, the property is one block from Ross Clark Circle. This investment opportunity offers 4 long-standing tenants with strong regional and national credit, and NNN leases are in place. The property is situated on 4 acres with ample yard space and dedicated trailer parking. All roll-up doors were replaced or repaired in 2024. Office interiors have been updated with new flooring, lighting, paint, and ceiling repair. The northeast corner of the lot has repaved and resurfaced asphalt millings for an improved trailer parking area. Ingram Equipment Company occupies 10,000 square feet, and Parks Truck Repair occupies 8,000 square feet. Ashley Distribution Services and Bluebell Refrigerated Trucks have maintained tenancy at this location for approximately 7 to 10 years. Multiple revenue streams and positive co-working relationships between tenants strengthen their long-term occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Secure Trailer Lots Parking Lot & Garage Wheely Awesome Diesel ... Auto Repair Shop Parks Truck Repair ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.3985
    Latitude
    31.2583

    FAQs

    What type of property is this?
    Industrial property - Fully leased industrial building with long-term tenants and NNN leases.
    Where is this industrial property located?
    The property is located at 704 Murray Rd Dothan, AL.
    What is the asking price?
    The asking price for this property is $1,255,459.
    What are key features of this property?
    This property features: High 8.5% Cap Rate; Fully leased with 4 long‑standing tenants with strong regional/national credit and NNN leases; **18,000 Sq. Ft. industrial service building with 14 overhead doors and 20' ceiling height**
    More about this property
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