3356 Reeves St Dothan, AL 36303
For Sale
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This vacant service station, located at 3356 Reeves St in Dothan, Alabama (zip code 36303), presents a prime retail opportunity. The 929 square foot building sits on a 1.14-acre corner lot at the intersection of US 431 (Reeves St) and Roney St, boasting excellent visibility and accessibility with multiple entrances. Built in 1972 and renovated in 2010, this property benefits from a high traffic volume exceeding 21,700 vehicles per day. Its strategic location across from Dothan High School makes it ideal for a variety of uses, including a convenience store, quick-service restaurant (QSR), coffee shop, donut shop, or bait shop. The asking price is $835,000, translating to $898.82 per square foot. This owner-user investment opportunity is currently vacant and offers significant potential for a savvy entrepreneur. The property's size and location provide ample space and high visibility for a successful business venture. This is a rare chance to acquire a well-positioned retail space in a high-traffic area of Dothan, Alabama.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.