714 Murray Rd Dothan, AL 36303-5714
This exceptional two-story commercial office building, located at 714 Murray Rd in Dothan, Alabama, presents a unique investment opportunity. Boasting a total of 8,502 square feet on a 0.9-acre lot, this property offers ample space for a variety of business needs. The ground floor encompasses 5,712 square feet and includes a welcoming lobby/reception area, ten individual offices, a dedicated conference room, open cubicles for collaborative workspaces, a fully equipped kitchen, a secure electrical/server room for essential IT infrastructure, and six restrooms for employee and visitor convenience. The second floor adds another 2,700 square feet of usable space, featuring seven additional offices and a large conference room, perfect for meetings and presentations. The building benefits from a highly desirable location, situated just off Ross Clark Circle and in close proximity to Highway 431 North, ensuring excellent accessibility and high visibility. Ample parking is provided with 35 spaces available for employees and clients. Furthermore, the property has undergone recent upgrades, with new HVAC units installed in 2022, ensuring energy efficiency and a comfortable working environment. Priced at $790,000, this property represents a compelling investment in a thriving Dothan commercial market.
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Courtney Love Mortgage Loan Originator Loan Service Bank
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Prime Insurance AL Insurance Agency
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Consolidated Electrical Contractors & Engineers, Inc. Electrical Service General Contractor
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
Similar Nearby for Lease
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.