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    Automotive Retail and Service Property Title is generated by Realmo AI

    766 S Oates St, Dothan, AL 36301

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    For Sale
    $668,832

    COMMERCIAL - Dothan, AL

    Property size:
    7,070 SF
    Lot size:
    1.04 Acres
    Price / SF:
    $94/SF
    Added:
    Jul 7, 2026
    Days on Market:
    3
    Last Refresh:
    Jul 9 at 4:06 pm

    Property Features for 766 S Oates St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0906243009026000 & 0906243009025000
    Lot size
    1.04 Acres

    Building Details

    Year built
    1946
    Floors in Building
    1

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    Contact an agent
    Kenny Whatley

    Listing agent Kenny Whatley

    Listing office NAI TALCOR 107 Hidden Glen Way, Dothan, AL

    Listing date Jul 7, 2026

    MLS# 213772

    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

    • Approximately 1.04‑acre automotive retail and service property with about 7,070 SF building
    • Building includes 4,070 SF warehouse with 10' roll‑up door and 13' clear height
    • Includes 3,000 SF retail/office space for customer and business use
    • New roof and exterior paint
    • Additional buildings: 400 SF freestanding unfinished office and 1,500 SF rear metal storage building
    • Only 1/2 mile from Downtown Dothan (Main Street) and about 1.7 miles to Ross Clark Circle

    Overview

    This automotive retail and service property is offered for sale as real estate, with the operating business The Rim Shop, along with equipment and inventory, also available for purchase. The main building includes approximately 4,070 SF of warehouse space with a 10' roll-up door and 13' clear height, plus roughly 3,000 SF of retail/office space. Improvements include a new roof and exterior paint. Additional onsite structures consist of a 400 SF freestanding unfinished office building and a 1,500 SF metal storage building in the rear, supporting a range of service and storage needs.

    The property sits on approximately 1.04 acres with ample parking and outdoor storage. It is located about 1/2 mile from Downtown Dothan (Main Street) and approximately 1.7 miles from Ross Clark Circle, providing convenient access to central area customers and thoroughfare connectivity.

    For buyers seeking an automotive-leaning facility, the combination of warehouse clear height, roll-up door access, and dedicated retail/office space can support day-to-day service operations alongside customer-facing use. The presence of multiple structures and outdoor storage areas can also help accommodate workflow, inventory staging, or additional workspace depending on how the site is utilized.

    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 $78.1k $11.04
    − Vacancy −$7.6k −$1.08
    EGI $70.4k $9.96
    − OpEx −$21.1k −$2.99
    NOI $49.3k $6.97
    7,070 SF · lease $11.04/SF/yr · vacancy 9.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $704.0K
    $616.0K – $821.4K (±1% cap)
    NOI $49,283 @ 7.0% cap · market cap 7.37%
    Second Best
    Flex RnD
    $575.4K
    $503.5K – $671.3K (±1% cap)
    NOI $40,279 @ 7.0% cap · market cap 6.02%
    Theoretical Best
    Healthcare Medical
    $1.25M
    $1.09M – $1.46M (±1% cap)
    NOI $87,473 @ 7.0% cap · market cap 13.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Car Rental Facility Rim Shop Inc (Bike/Boat/Book/etc) Store

    Suggested Use

    Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Skin Care Clinic Cafe & Coffee Shop Pharmacy Real Estate Agency (Bike/Boat/Book/etc) Store Plumbing Service

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

    Similar Places Nearby

    • Firehouse Subs South Dothan — 3255 S Oates St Ste 8, Dothan, AL 36301

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.3933084
    Latitude
    31.214803

    FAQs

    What type of property is this?
    Flex space - Automotive-focused building with warehouse roll-up access, retail/office space, and outdoor storage for service-oriented operators.
    Where is this flex space located?
    The property is located at 766 S Oates St Dothan, AL.
    What is the asking price?
    The asking price for this property is $668,832.
    What are key features of this property?
    This property features: Approximately 1.04‑acre automotive retail and service property with about 7,070 SF building; Building includes 4,070 SF warehouse with 10' roll‑up door and 13' clear height; Includes 3,000 SF retail/office space for customer and business use
    More about this property
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