Retail Storefront with Convenient
For Sale
Contact for pricing
200 Buyers Drive, Dothan, AL 36303
Central Dothan retail storefront with close proximity to major retail, dining, and healthcare employers.
Property Size8,960 SF
Price / SF$189.73
Days on Market141
Property Features for 200 Buyers Drive
General Information
Standard status
Active
Size
8,960 SF
Property subtype
Retail
Zoning
B-2
Building Details
Year Built
1994
Listing Agency:
Forrest & Fields CRE Inc
Listed By:
David Cornelius · License #AL 000086953
(334) 685-1276
Source:
Crexi
Added: Jun 3
Changed: Oct 5
Last Checked: Oct 20 at 7:17PM
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 Inc
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Investment Insights
Based on property information with market context.
This retail storefront at 200 Buyers Drive, Dothan, AL offers a straightforward commercial setup for an office or other business use. The property size is listed at 8,960 square feet, providing a workable footprint for retail-facing operations and service-oriented concepts.
The location is described as highly convenient, with quick access to Wiregrass Commons Mall and Dothan Pavilion, along with nearby recreational options such as Westgate Park. A variety of dining options are close by, including Jim N Nicks, Red Lobster, and Chili's. For healthcare-driven clientele and employee access, the property is also positioned near Southeast Health and Flowers Hospital.
For tenants and buyers looking for a well-connected Dothan address, the mix of nearby shopping, restaurants, and healthcare facilities supports a practical fit for retail and service uses that benefit from visibility to both employees and clients. The property’s central placement and surrounding commercial amenities make it a functional option for businesses seeking an established base in a destination area.
The location is described as highly convenient, with quick access to Wiregrass Commons Mall and Dothan Pavilion, along with nearby recreational options such as Westgate Park. A variety of dining options are close by, including Jim N Nicks, Red Lobster, and Chili's. For healthcare-driven clientele and employee access, the property is also positioned near Southeast Health and Flowers Hospital.
For tenants and buyers looking for a well-connected Dothan address, the mix of nearby shopping, restaurants, and healthcare facilities supports a practical fit for retail and service uses that benefit from visibility to both employees and clients. The property’s central placement and surrounding commercial amenities make it a functional option for businesses seeking an established base in a destination area.
Key Highlights
- Year built: 1994
- Located in Dothan, AL at 200 Buyers Dr
- Close to major retail hubs including Wiregrass Commons Mall and Dothan Pavilion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,457
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,140
$1.2M
Cap Rate 7%
$892,243
$892.2K
Cap Rate 9%
$693,967
$694.0K
Market Conditions
NOI Build-Up for 8,960 SF
Gross rent
$98.9K $11.04/SF
− Vacancy
−$9.7K −$1.08/SF
EGI
$89.2K $9.96/SF
− OpEx
−$26.8K −$2.99/SF
NOI
$62.5K $6.97/SF
Area
Houston County, AL
Vacancy
9.80%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,140
Cap Rate 7%
$892,243
Cap Rate 9%
$693,967
Alternative Uses
Best Use
Retail
$892.2K
$780.7K – $1.04M
NOI $62,457 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.58M
$1.39M – $1.85M
NOI $110,857 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
748k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 27%
Apparel 23%
Superstores 19%
Dining 18%
Sam's Club
Superstores
107,191 visits/mo
0.4 miles
T.J. Maxx
Apparel
64,650 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
56,174 visits/mo
0.3 miles
Publix
Groceries
37,366 visits/mo
0.4 miles
Dillard's
Apparel
33,566 visits/mo
0.1 miles
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Central Dothan retail storefront with close proximity to major retail, dining, and healthcare employers.
Where is this retail space located?
The property is located at 200 Buyers Drive Dothan, AL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Year built: 1994; Located in Dothan, AL at 200 Buyers Dr; Close to major retail hubs including Wiregrass Commons Mall and Dothan Pavilion
