Financial
Distress signals
Property profile

704 Murray Rd Dothan, AL 36303

FOR LEASE
Other retail properties
Property ID
US03-1056090
4,044 SF 3.91 ac lot Built 1968
Last sale Dec 2025 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a build-to-suit industrial site located at the NE corner of 704 Murray Rd, Dothan, AL 36303, adjacent to Ingram Equipment Company. The proposed development is designed for flexible tenant sizing, with capacity for up to approximately 19,800 square feet and the ability to downsize to approximately 10,000 square feet based on operational requirements. The building concept provides an up-to 110 ft by 180 ft footprint and is planned with 24 to 30 ft clear heights, flexible column

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$84k
Effective rate3.45%

Value estimate

· Sep 2026
$740k
$666k – $814k
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$3k
Operating expenses−$14k
NOI · 607,410.07% cap applied$34k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$71/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$23 – $118
Qualifying comparables3

Cap rate analysis

How does the asset earn?
607,410.07%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHOUSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.0
Parking Facility10.9
Convenience Store9.8

Location

704 Murray Rd Dothan, AL 36303
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2718 Montgomery, Dothan, AL 36303-2604 $429,000 Jun 2025 6,682 SF
312 Wilson, Dothan, AL 36303-2860 $69,900 Mar 2025 2,152 SF
135 Foster, Dothan, AL 36303-4539 $353,000 Nov 2024 5,386 SF
3125 Ross Clark, Dothan, AL 36303-3037 $650,000 Jul 2024 3,872 SF
1486 Reeves, Dothan, AL 36303-2883 $75,000 Jun 2024 3,329 SF
1728 Industrial, Dothan, AL 36303-5716 $375,000 Apr 2024 5,328 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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