Versatile Office/Warehouse on Westgate
3665 Westgate Pkwy, Dothan, AL 36303
6,500 SF building suited for office or office-warehouse use.
Type:Office - Flex - Office
Property size:
6,500 SFPrice / SF:
$123/SF- Added:
- May 14, 2026
- Days on Market:
- 19
- Last Refresh:
- May 14 at 8:45 pm
Property Features for 3665 Westgate Pkwy
General Information
- Standard status
- Active
- Size
- 6,500 SF
- Property subtype
- Office - Flex - Office
Building Details
- Year Built
- 2000
Listing agent David R Cornelius, CCIM, CPM
Listing office Forrest & Fields CRE
Listing date May 14, 2026
Source Commercialcafe
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 Forrest & Fields CRE
HighLights
- Prime location on Westgate Parkway in Dothan, offering high visibility and accessibility.
- Versatile 6,500 SF building suitable for office or office‑warehouse use.
- Zoned L‑I, providing flexibility for various business operations.
- Features a loading dock with roll‑up door for efficient logistics.
- Both office and warehouse spaces are heated and cooled.
- Located near the CSX Platinum site and other key business centers, dining, and retail hubs.
Overview
Located on Westgate Parkway in Dothan, this 6,500 SF building, constructed in 2000, is perfectly suited for office or office-warehouse use. Zoned L-I, it offers a versatile space that can adapt to a range of business needs. Office and warehouse space are both heated and cooled. The building has a loading dock with a roll-up door and is located on a nice size corner lot. The property is in close proximity to the CSX Platinum site, a key industrial and logistics asset in the region, and offers access to a wide range of commercial amenities and services. The location provides convenience for property owners with its proximity to major business centers, dining establishments, and retail hubs. Prospective office and office-warehouse owners can capitalize on the area's reputation as a business-friendly environment and its connectivity to regional distribution networks. This property presents future owners an ideal setting for commercial success.
Local Financial Insights For Office B
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 | $81.9k | $12.60 |
| − Vacancy | −$15.2k | −$2.33 |
| EGI | $66.7k | $10.27 |
| − OpEx | −$16.7k | −$2.57 |
| NOI | $50.1k | $7.70 |
6,500 SF · lease $12.60/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$715.2K
$625.8K – $834.4K
NOI $50,061 @ 7.0% cap · market cap 6.26%
Second Best
Flex RnD
$529.0K
$462.9K – $617.2K
NOI $37,031 @ 7.0% cap · market cap 4.63%
Theoretical Best
Healthcare Medical
$1.15M
$1.01M – $1.34M
NOI $80,421 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
South Electronics
Electronics & Wireless Store
Similar Places Nearby
- A Taste of Louisiana LLC — 143 Westgate Pkwy #1, Dothan, AL 36303
Location Insight
- Map
- Local Demand
- City
- Dothan
- County
- Houston
- State
- Alabama
- Longitude
- -85.4040388
- Latitude
- 31.2721783
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 6,500 SF building suited for office or office-warehouse use.
Where is this flex space located?
The property is located at 3665 Westgate Pkwy Dothan, AL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Prime location on Westgate Parkway in Dothan, offering high visibility and accessibility.; Versatile 6,500 SF building suitable for office or office‑warehouse use.; Zoned L‑I, providing flexibility for various business operations.
