Retail Storefront with Convenient
200 Buyers Drive Dothan, AL 36303
200 Buyers Drive, Dothan, AL, 36303
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For Sale
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Central Dothan retail storefront with close proximity to major retail, dining, and healthcare employers.
Property Size8,960 SF
Price / SF$189.73
Days on Market50
Property Features for 200 Buyers Drive
General Information
- Standard status
- Active
- Size
- 8,960 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1994
Listing agency
Forrest & Fields CRE Inc
(334) 685-1276
Listed by
David Cornelius · License #AL 000086953
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 9:11AM
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
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
Local Financial Insights For Retail
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 | $98.9k | $11.04 |
| − Vacancy | −$9.7k | −$1.08 |
| EGI | $89.2k | $9.96 |
| − OpEx | −$26.8k | −$2.99 |
| NOI | $62.5k | $6.97 |
8,960 SF · lease $11.04/SF/yr · vacancy 9.80% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
pOpshelf
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
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
