Dothan, AL
Commercial Real Estate Market Trends & Data

$258 Avg asking sale price
$14 Avg asking lease rate
54,573 SF Avg unit lease size
24,368 SF Avg building size for sale
10.43% Average cap rate

Dothan's Demographic Profile

Dothan has 30,415 households and a median income of $46,722, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 72,320
# Households 30,415
Median age 40
Median household income $46,722
Avg household size 2.0
Renter-occupied housing units 13,415
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Dothan, AL

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Dothan $338 6,322 SF
Kinsey $807 929 SF
Webb $132 2,040 SF
Cottonwood $102 1,403 SF
Newton $375 1,905 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Dothan $87 18,845 SF 23.46%
Brundidge $161 6,800 SF 8.57%
Chipley $157 36,456 SF 8.14%

Commercial Properties For Sale in Dothan

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

208 Nypro Ln

Dothan, AL 36305

  • 108,000 SF Industrial Building
  • $7,500,000
For Sale

112 W Cottonwood Rd

Dothan, AL 36301

  • 3,252 SF Retail Building
  • $275,000
For Sale

Rental Package

Dothan, AL 36303

  • 10,041 SF Multifamily
  • 23.46% Cap Rate
  • $294,900
For Sale

3095 Hartford Hwy

Dothan, AL 36305

  • 1,395 SF Office Building
  • $235,000
For Sale

AT&T - Dothan AL

Dothan, AL 36301

  • 5,500 SF Retail Building
  • 6.70% Cap Rate
  • $1,700,000
For Sale

Sunrise Cottages

Dothan, AL 36305

  • 27,648 SF Multifamily
  • 8.50% Cap Rate
  • $4,000,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Dothan pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Dothan $258 24,368 SF
Taylor $168 1,395 SF
Kinsey $807 929 SF

Regional Demographic Comparison

This comparison places Dothan alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Dothan or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Dothan 72,320 30,415 40 $46,722 2 13,415 1%
Taylor 2,567 914 38 $54,015 3 200 3%
Malvern 1,552 602 43 $49,090 3 132 1%
Cowarts 1,939 781 42 $51,350 3 175 2%
Kinsey 2,227 883 35 $51,415 3 339 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Dothan, AL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Dothan

View All Commercial Real Estate For Sale in Dothan
Is Dothan a good market for a first-time commercial real estate investor?

Dothan offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Dothan?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Dothan. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Dothan?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Dothan. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Dothan compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Dothan. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Dothan acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Dothan, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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