Turnkey Office Space in
2323 W Main Ste 211 Dothan, AL 36301
2323 W Main Ste 211, Dothan, AL, 36301
$135,000
For Sale
$135,000
COMMERCIAL - Dothan, AL
Property Size996 SF
Lot Size0.25 Acres
Price / SF$135.54
Days on Market723
Property Features for 2323 W Main Ste 211
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0905221003001018
- Size
- 996 SF
- Lot size
- 0.25 Acres
Building Details
- Year built
- 1984
- Floors in Building
- 2
Listing Agency
Lan Darty Real Estate & Development
(334) 699-2300
3124 W Main St Suite 6, Dothan, AL
Listed by
Sandra Houston
(334) 200-1129
Added: Jul 25, 2024 Checked: Jul 16 at 11:06 pm
MLS# 199401
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.
Investment Insights
Based on property information with market context.
This is a 996 square foot turnkey office space located on the second floor of an office complex. The property is situated at the corner of West Main and Roosevelt, offering high visibility. The renovated space includes three private offices, a reception area, a lobby, a customer waiting area, an open meeting or break area, and two bathrooms, along with an office refrigerator. The office is accessible via two separate staircases and an available elevator.
Key Highlights
- Turnkey, renovated office space ready for immediate occupancy.
- High visibility location at the corner of W. Main and Roosevelt.
- Functional layout with three private offices, reception, lobby, waiting area, and open meeting/break area.
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 | $12.5k | $12.60 |
| − Vacancy | −$2.3k | −$2.33 |
| EGI | $10.2k | $10.27 |
| − OpEx | −$2.6k | −$2.57 |
| NOI | $7.7k | $7.70 |
996 SF · lease $12.60/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$109.6K
$95.9K – $127.9K
NOI $7,671 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$176.0K
$154.0K – $205.4K
NOI $12,323 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Renovated 996 SF office space with great visibility.
Where is this office units located?
The property is located at 2323 W Main Ste 211 Dothan, AL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Turnkey, renovated office space ready for immediate occupancy.; High visibility location at the corner of W. Main and Roosevelt.; Functional layout with three private offices, reception, lobby, waiting area, and open meeting/break area.
