445 Hostdale Dothan, AL 36303
COMMERCIAL - Dothan, AL
- Added:
- Feb 19, 2026
- Days on Market:
- 143
- Last Refresh:
- Jul 12 at 11:06 am
Property Features for 445 Hostdale
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0408330000001031
- Lot size
- 0.73 Acres
Building Details
- Year built
- 2024
- Floors in Building
- 1
Listing agent Cathy Cole (334) 701-1592
Listing office EXP Realty LLC 100 Chase Park So. Suite 128, Birmingham, AL (888) 923-5547
Listing date Feb 19, 2026
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.
The property is for sale in Dothan, Alabama on a 0.73-acre lot. The listing describes a setup that supports scaling the overall unit count to a total of 12 units. According to the current status, five units are leased, including three single units and one double unit.
For tenants and buyers seeking flexible warehouse and light office space, the individual unit layout provides direct warehouse access through roll-up doors alongside dedicated offices and bathrooms. For an owner-operator, the unfinished portion could support phased expansion, while the current unit configurations and described ability to reconfigure from a double to two singles may help accommodate a range of business storage and workspace needs.
Key Highlights
- Strong income potential with existing cash flow from leased units.
- 12,000 sq ft warehouse facility with flexible unit configurations (currently 8 finished units, expandable to 12).
- Each unit includes a private office, bathroom, and 10x12 roll‑up door.
Local Financial Insights For Flex RnD
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 | $119.5k | $9.96 |
| − Vacancy | −$14.3k | −$1.20 |
| EGI | $105.2k | $8.76 |
| − OpEx | −$36.8k | −$3.07 |
| NOI | $68.4k | $5.70 |