Dothan, Alabama Commercial Real Estate 17 Listings

Dothan, Alabama: A Premier Destination for Commercial Real Estate

Introduction

Dothan, Alabama, offers a compelling landscape for commercial real estate (CRE) ventures. As a city with a population of approximately 70,000, it serves as a pivotal economic hub in the southeastern region of the state. Dothan's economy is predominantly driven by industries such as agriculture, healthcare, and retail, creating a robust demand for diverse commercial property types. Its strategic location as a gateway to Florida, coupled with economic initiatives, makes Dothan an attractive prospect for CRE investments.

Economic and Industry Overview

Dothan's economy thrives on its agricultural roots, with a significant focus on peanut production, earning it the title "Peanut Capital of the World." This agricultural prowess supports the demand for industrial and distribution spaces. Healthcare is another major industry, with Southeast Health and Flowers Hospital among the top employers, necessitating medical office spaces. Retail is bolstered by a thriving community of small businesses and national retailers.

The Dothan Area Chamber of Commerce and the Dothan Economic Development Corporation actively promote business growth and provide resources for new and existing businesses, enhancing the CRE landscape.

Strategic Location and Transportation Infrastructure

Dothan is strategically positioned at the crossroads of major highways, including US Route 231 and US Route 84, facilitating seamless distribution and logistics operations. The city is approximately 90 miles from the Gulf of Mexico, providing access to coastal markets. Nearby Dothan Regional Airport offers connectivity for business travel, while the presence of CSX rail lines supports freight transport.

The city's proximity to labor pools and markets in Alabama, Florida, and Georgia underscores its logistical advantages for commercial enterprises.

Commercial Real Estate Inventory & Zoning

Dothan's CRE landscape is characterized by distinct submarkets, including a central business district (CBD) with office spaces and retail establishments. The city's industrial corridors, located along major highways, offer substantial opportunities for warehouses and distribution centers. Retail spaces thrive in areas like Wiregrass Commons Mall and the Westgate Parkway retail corridor.

Recent zoning changes have introduced incentives for developers, particularly in mixed-use and innovation zones. For more details, consult the City of Dothan Zoning Maps.

Major Employers and Institutions

Key employers driving CRE demand in Dothan include Southeast Health, Flowers Hospital, and the Dothan City School System. The city's higher education institutions, such as Troy University's Dothan Campus, contribute to the demand for office and retail spaces. Explore the Dothan Area Chamber of Commerce for a comprehensive business directory.

Notable Commercial Developments & Projects

Dothan is undergoing significant development with projects like the Wiregrass Innovation Park, a mixed-use development that combines retail, office, and residential spaces. The city's designation of Opportunity Zones further incentivizes investment in CRE. For planning details, visit the Dothan Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Dothan offers comprehensive resources:

Market Data & Economic Reports

Dothan's market data and economic reports are available through sources like census.gov and the city's open data portal, providing valuable insights for CRE decisions. Brevitas leverages AI-powered aggregation from public data and internal insights to offer a comprehensive view of the Dothan CRE market. Explore Brevitas-powered dashboards for in-depth analysis.