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Property profile & analytics
FOR LEASE
Retail properties & Spaces

704 Murray Rd Dothan, AL 36303

4,044 SF 3.91 ac lot Built 1968
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US03-1056090
Property summary
AI-generated overview

This exceptional Dothan, AL industrial property offers 8,000 square feet of flexible space ideal for various businesses. Situated on a four-acre lot at 704 Murray Rd, near Ross Clark Circle, this property comprises two metal buildings. Building one provides approximately 4,000 square feet of warehouse/shop space, featuring three 12-foot and three 14-foot high roll-up doors. Building two offers approximately 2,000 square feet of shop space seamlessly integrated with 2,000 square feet of office space. An additional 600 square feet of upper-level space is available for storage or additional office use. The buildings boast a 16-foot eave height and six drive-in doors. The property is zoned H-I and features a total of 18,000 square feet under roof, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 4,000 square feet. Currently, 8,000 square feet is vacant. The property's convenient location, just 1300 feet from Ross Clark Circle, offers excellent accessibility. Ingram Equipment Company is a co-tenant. This Class C property presents a unique opportunity for businesses seeking versatile and well-located industrial space. The property includes a total of six drive-in doors and is situated on a four-acre lot (APN: 0901013000006000). The buildings are two stories high with a 19-foot ceiling height.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1968
Total area 4,044 SF
Lot 3.91 ac (170,320 SF)
APN 09-01-01-3-000-006-000
UPID US03-1056090
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Secure Trailer Lots Parking Lot & Garage
  • Wheely Awesome Diesel Repair Auto Repair Shop
  • Parks Truck Repair LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Zz Capital Nest Properties LLC
Zz Capital Nest Properties LLC
since 2025
Last sale
$1.1M
3 recorded transactions
2025
$1.1M
2024
$740,000
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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