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Prime Commercial Property in Rehobeth

5702 S County Road 203 Rehobeth, AL 36301

5702 S County Road 203, Rehobeth, AL, 36301
$275,000
For Sale
Claim this Listing
$275,000

COMMERCIAL - Rehobeth, AL

Property Size3,212 SF
Lot Size1.29 Acres
Price / SF$85.62
AddedAug 11, 2025
Days on Market340
Last RefreshJul 16 at 12:06 pm

Property Features for 5702 S County Road 203

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
1708280001007000
Size
3,212 SF
Lot size
1.29 Acres

Building Details

Year built
1963
Floors in Building
1

Listing agent Kaylie York License #108560

Listing office AXEN Realty Partners LLC 2 N Jackson Street Suite 605, Montgomery, AL

Listing date Aug 11, 2025

MLS# 204725

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 commercial property is situated on 1.29 acres in Rehobeth, Alabama, adjacent to Dollar General and Rehobeth Elementary School. The property includes a 3,212 sqft building. The location offers high traffic and visibility, presenting a business or development opportunity. Rehobeth is a rapidly growing community with plans for expansion, driven by a strong school system that is leading to the addition of a new sewer system and numerous new residential construction developments. A planned Rehobeth Town Center across the road from this property is expected to further increase traffic and business opportunities. The property includes one underground gas tank and ample space to redesign and start fresh with a new gas station or explore other commercial development opportunities. The property is eligible for off-premise beer and wine sales approval. The property is located at 5702 S County Road 203, Rehobeth, AL 36301.

Key Highlights

  • Prime location on 1.29 acres with high traffic and visibility.
  • Significant future development potential in a rapidly growing community.
  • Proximity to planned Rehobeth Town Center, expected to further increase traffic and business opportunities.

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 $35.5k $11.04
− Vacancy −$3.5k −$1.08
EGI $32.0k $9.96
− OpEx −$9.6k −$2.99
NOI $22.4k $6.97
3,212 SF · lease $11.04/SF/yr · vacancy 9.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$319.9K
$279.9K – $373.2K (±1% cap)
NOI $22,390 @ 7.0% cap · market cap 8.14%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$567.7K
$496.8K – $662.3K (±1% cap)
NOI $39,740 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Building Supply Auto Repair Shop Storage Facility Plumbing Service Furniture & Home Goods Kitchen & Bath Showroom Restaurant Law Firm Cafe & Coffee Shop Accounting Firm

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

FAQs

What type of property is this?
Storefront property - High-traffic commercial property with development potential in growing Rehobeth.
Where is this storefront property located?
The property is located at 5702 S County Road 203 Rehobeth, AL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Prime location on 1.29 acres with high traffic and visibility.; Significant future development potential in a rapidly growing community.; Proximity to planned Rehobeth Town Center, expected to further increase traffic and business opportunities.
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More about this property
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