Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    504 St Dothan, AL 36301

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    504 St Dothan, AL 36301

    View on Map
    • Commercial real estate
    • 2,064 SF
    • 0.23 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 504 St

    Year built
    1929
    Lot size
    0.23 lot acres
    Property size
    2,064 SF
    Property type
    Commercial real estate

    Description

    This versatile 2,064 square foot property located at 504 S St Andrews, Dothan, AL, presents a unique investment opportunity. Currently zoned as a duplex, it offers significant flexibility for either residential or commercial use, making it ideal for a variety of purposes. Situated on a 0.23-acre lot, the building is undergoing interior renovations, including a complete overhaul of the interior spaces. The property boasts four generously sized bedrooms or office spaces, providing ample room for various configurations. Recent upgrades include a brand-new metal roof and new siding, ensuring long-term durability and curb appeal. The interior renovations also encompass the installation of new appliances, enhancing the functionality and modern appeal of the property. The asking price is $185,000, and the seller is open to negotiations. This property is a prime candidate for owner-occupancy or as a rental investment, offering a strong return on investment potential. Its central location in Dothan, AL, provides easy access to local amenities and transportation routes. Don't miss this chance to acquire a renovated property with significant upside potential. Contact us today to schedule a showing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.3901
    Latitude
    31.218

    Comparable in this City

    • Value Estimation by Request
      0.40 Acres

      Us 231

      COMMERCIAL (GENERAL) • 0.40 Acres
      Us 231, Dothan, AL 36301
      View Details
    • Value Estimation by Request
      0.48 Acres

      Us 231

      COMMERCIAL (GENERAL) • 0.48 Acres
      Us 231, Dothan, AL 36301
      View Details
    • Value Estimation by Request
      3.04 Acres

      Us 231

      COMMERCIAL (GENERAL) • 3.04 Acres
      Us 231, Dothan, AL 36301
      View Details
    • Value Estimation by Request
      0.19 Acres

      Volker St

      COMMERCIAL (GENERAL) • 0.19 Acres
      Volker St, Dothan, AL 36301
      View Details
    • Value Estimation by Request
      0.19 Acres

      Holman St

      COMMERCIAL (GENERAL) • 0.19 Acres
      Holman St, Dothan, AL 36301
      View Details
    • Value Estimation by Request

      116 Jennie Dr

      COMMERCIAL (GENERAL)
      116 Jennie Dr, Dothan, AL 36301-4046
      View Details

    Similar Nearby for Sale

    • $819,900
      26,850 SF

      Dothan Commercial Building - Prime Location

      Large Warehouse, Office Space, Great Investment
      108 Southport St, Dothan, AL 36301
      View Details
    • $239,500
      1,399 SF

      Dothan Commercial Property - B2 Zoning

      High-traffic location, 1399 sq ft, great potential.
      223 Campbellton Hwy, Dothan, AL 36301
      View Details
    • $350,000
      4.99 Acres

      Dothan Commercial Land For Sale

      4.988+-acre commercial land with high visibility and traffic flow.
      5+-Ac Cottonwood Rd Hwy 53 / Eddins Rd, Dothan, AL 36301
      View Details
    • $46,800
      0.58 Acres

      Residential Land in Olympia Spa

      Residential land available in Olympia Spa & Country Club Subdivision.
      2 Blk B Olympia Dr, Dothan, AL 36301
      View Details
    • $1,950,000
      4,489 SF

      Commercial Building on 4.21 Acres

      Commercial building with drive-thru, offices, and ample parking.
      1380 E Cottonwood Rd, Dothan, AL 36301
      View Details
    • $424,900
      0.40 Acres

      Dothan Commercial Property For Sale

      Income-producing commercial property in a convenient, high-traffic Dothan location.
      2434 Fortner St, Dothan, AL 36301
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      1,536 SF

      Retail Space Available For Rent

      Retail space available for lease, totaling 1,536 square feet.
      2261 S Oates St, Dothan, AL 36301
      View Details
    • $4 SF/Yr
      10,000 SF

      Dothan Warehouse: 10,000 SF Available

      10,000 SF Warehouse, 4 Docks, Excellent Location
      119 Anderson Ct, Dothan, AL 36301
      View Details
    • $4 SF/Yr
      31,290 SF

      Dothan, AL Industrial Flex Space

      31,290 SF Flex Warehouse, Single Tenant
      119 Anderson Ct, Dothan, AL 36301
      View Details
    • Contact for pricing
      5,875 SF

      Dothan Retail Spaces Available

      Downtown Dothan retail spaces, customizable suites.
      151 W Main St | Dothan, AL 36301, Dothan, AL 36301
      View Details
    • Contact for pricing

      Retail Space Near Wiregrass Mall

      Retail space in Dothan, AL, near shopping and medical facilities.
      1151 Ross Clark Cir, Dothan, AL 36301
      View Details
    • $1,500 /Mo
      2,100 SF

      Dothan Retail Space For Rent

      Retail space available in high-traffic Dothan location.
      1799 Ross Clark Cir, Dothan, AL 36301
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    504 St
    Dothan, AL 36301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    504 St, Dothan, AL, 36301
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!