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    Retail Storefront in Dothan, AL Title is generated by Realmo AI

    2027 Reeves, Dothan, AL 36303

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    Claim this Listing
    For Sale
    $360,000

    SINGLE_FAMILY - Dothan, AL

    Type:Retail
    Property size:
    4,076 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $88/SF
    Added:
    Oct 8, 2025
    Days on Market:
    263
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 2027 Reeves

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    0901121000010001
    Size
    4,076 SF
    Lot size
    0.13 Acres

    Building Details

    Year built
    2004
    Floors in Building
    1

    We can help!

    Contact an agent
    Stuart Lee

    Listing agent Stuart Lee

    Listing office STUART LEE COMPANY LLC P O Box 6822, DOTHAN, AL

    Listing date Oct 8, 2025

    MLS# 205480

    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.

    HighLights

    • Large open retail space, approximately 4,076 sf.
    • Additional paved parking available, easement details in attachments.
    • Includes office and stockroom.
    • Built in 2004.
    • Contains a 1/2 bath.
    • Suitable for retail or conversion (previously a church).

    Overview

    This property, formerly a retail store, offers approximately 4,076 square feet of space. The layout includes an open retail area with a raised checkout counter, an office, and a stockroom. There is also a half bathroom. The last tenant converted the property to a church. The site contains the building and parking spaces. Additional paved parking is accessible according to the owner, with details available in the photo or document attachments showing the easement and map. The lot size is 0.13 acres. The owner will consider a lease at $3,000 per month. The property is located in Dothan, Alabama.

    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 $45.0k $11.04
    − Vacancy −$4.4k −$1.08
    EGI $40.6k $9.96
    − OpEx −$12.2k −$2.99
    NOI $28.4k $6.97
    4,076 SF · lease $11.04/SF/yr · vacancy 9.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $405.9K
    $355.2K – $473.5K (±1% cap)
    NOI $28,412 @ 7.0% cap · market cap 7.89%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $720.4K
    $630.4K – $840.5K (±1% cap)
    NOI $50,430 @ 7.0% cap · market cap 14.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cornerstone Church of God ... Church

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.3901595
    Latitude
    31.2516624

    FAQs

    What type of property is this?
    Storefront property - Retail storefront with open area, office, and stockroom.
    Where is this storefront property located?
    The property is located at 2027 Reeves Dothan, AL.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: Large open retail space, approximately 4,076 sf.; Additional paved parking available, easement details in attachments.; Includes office and stockroom.
    More about this property
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