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Flex Warehouse with Office

2700 Reeves St Dothan, AL 36303

2700 Reeves St, Dothan, AL, 36303
Contact for pricing
For Sale
Contact for pricing
Pending

Flex building includes a storefront, offices, warehouse space, and multiple roll-up doors with loading dock access.

Property Size12,069 SF
Lot Size1.00 Acre
Days on Market357

Property Features for 2700 Reeves St

General Information

Standard status
Pending
Size
12,069 SF
Lot size
1.00 Acre
Property subtype
Retail, Office, Industrial

Building Details

Year Built
1979
Listing agency The Real Estate Group, LLC
Listed by Donald Wells · License #000092269-0
Source Crexi
Added: Jul 31, 2025 Updated: Jul 22 at 11:40AM Checked: Jul 22 at 11:40AM

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 The Real Estate Group, LLC


Investment Insights

Based on property information with market context.

This flex-style commercial building includes a storefront area with a sales counter, office space, and warehouse space. The warehouse is served by roll-up doors with two 12' doors at the front and a 14' roll-up door at the front, plus a 12' roll-up door at a rear loading dock. The property also has a security system, and the roof was replaced in March 2022.

The building sits on approximately 1+ acres and offers 125' of road frontage along Reeves St. The site includes a large outdoor sign with power at the road and is zoned B2 (Hwy Commercial).

The rear of the building is set up for loading dock operations, while the front provides direct roll-up access through multiple door openings, supporting a mix of sales and storage/warehouse functions.

Key Highlights

  • Commercial building built in 1979 with 12,069+- SF total flexible space
  • 1+- acre lot with 125' of road frontage
  • Zoned B2 (Hwy Commercial) with storefront, sales counter, offices, and warehouse

Local Financial Insights For Industrial

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 $72.4k $6.00
− Vacancy −$4.7k −$0.39
EGI $67.7k $5.61
− OpEx −$20.3k −$1.68
NOI $47.4k $3.93
12,069 SF · lease $6.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,952 @ 7.0% cap · market cap 16.90%
Second Best
Flex RnD
$982.3K
$859.5K – $1.15M (±1% cap)
NOI $68,759 @ 7.0% cap · market cap 12.50%
Theoretical Best
Healthcare Medical
$2.13M
$1.87M – $2.49M (±1% cap)
NOI $149,323 @ 7.0% cap · market cap 27.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Keystone Automotive - Dothan Auto Parts Store

Suggested Use

Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Locksmith Electrical Service Carpet & Flooring Store Storage Facility Gym & Fitness Center Computer & Electronic Repair Grocery & Convenience Store

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

FAQs

What type of property is this?
Flex space - Flex building includes a storefront, offices, warehouse space, and multiple roll-up doors with loading dock access.
Where is this flex space located?
The property is located at 2700 Reeves St Dothan, AL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Commercial building built in 1979 with 12,069+- SF total flexible space; 1+- acre lot with 125' of road frontage; Zoned B2 (Hwy Commercial) with storefront, sales counter, offices, and warehouse
Contact an agent
(334) 618-3239 Call to check price and availability
More about this property
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