Commercial Real Estate Market in Dothan, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
297 active listings and 4,835 off-market properties in Dothan, AL. Commercial property asks $76/SF to buy and $15.47/SF/Yr to lease.
Market Trends
Dothan, AL spans 179.1 square miles in Houston County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dothan, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Dothan, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Dothan, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Dothan, AL asks $142/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 45.1%
- Residential 25.3%
- Industrial 9.5%
- Commercial 8.2%
- Special 2.8%
- Civic 2.5%
- Mixed use 1.8%
- Planned_development 0.7%
Largest Zones share of zoned land by district
Agricultural Conservation District
Residential Single Family Low Density
Heavy Industry
Highway Commercial
Light Industry
Heavy Industry (H-I)
Park O-2 Neighborhood Office O-3 Business Districts Central Business B-1 Highway Commercial B-2 Local Shopping B-3 Manufacturing/Industrial Districts Light Industry L-I Heavy Industry H-I Special Districts Planned Unit Development PUD U.S. Highway 84 East Overlay District see Art. X. Division 3 Downtown core DT Downtown edge DTE Mixed-use 4 MUD-4 Mixed-use 3…
Market overview
Demographics & Economy
Dothan, AL has 86,088 residents in 39,947 households. Density runs 481 people per square mile. Median household income here is $56,742 and median gross rent $920 a month.
86,088
Population
39,947
Households
2.2
Avg Household Size
40
Median Age
25%
College-Educated
88%
High-School Grad
179.1 sq mi
ZIP Area
481
Density / Sq Mi
$56,742
Median Household Income
$37,380
Median Earnings
$920
Median Rent
$178,511
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rehobeth | — | — |
| Taylor | — | — |
| Madrid | — | — |
| Avon | — | — |
Commercial property in Dothan, AL asks $76/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dothan?
Commercial property in Dothan, AL asks an average of $76 per square foot. The 4 most recent recorded sales traded at a median of $129/SF. Multifamily carries the highest asking price at $142/SF.
How much does it cost to lease commercial space in Dothan?
Asking lease rates in Dothan, AL average $15.47 per square foot per year.
Where does Realmo's Dothan market data come from?
Realmo compiles Dothan, AL figures from 7 recent recorded sales, 266 active sale listings, 31 active lease listings, 4,835 tracked off-market properties, the current Dothan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 266 active for-sale and 31 active for-lease listings in Dothan, AL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 53,030 zoned acres across 24 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
