Multi-Tenant value-add retail investment opportunity located just off Ross Clark Circle. The property consists of four freestanding, single-story commercial buildings totaling approximately 6,000 SF. Each building contains approximately 1,500 SF. Three buildings are currently divided into two suites each. The property offers up to 8 potential rentable units, depending on… Read More configuration, suitable for a variety of professional offices, retail and service-oriented businesses. Two suites are currently occupied, each paying $900/mo in rent. The property has historically maintained occupancy of up to 7 out of 8 units before owner relocated, offering significant value-add potential through leasing the remaining vacant spaces. Smaller suites have historically rented for approximately $900/month, while full-building configuration offers rental potential of $1,800/mo. At full occupancy, the property offers projected annual gross rental income of $86,400 and a pro forma NOI of $65,788. Recent capital improvements include new exterior siding (2021), roofs (2022) and multiple HVAC replacements (2021–2023). Property is zoned B-2. Conveniently located just off Ross Clark Circle (29,616 VPD, 2025 AADT), near US Hwy 231 S and Prevatt Road. The property is less than one mile from Publix Shopping Center at Cottonwood Corners and approximately 2.5 miles from SE Health Medical Center. Read Less
Courtesy of Shannon Auty, NAI TALCOR 334-360-2191
Listing Snapshot
Days Online
0
Last Updated
Property Type
Commercial
Square Ft.
6,000
Lot Size
0.7 Acres
Year Built
1978
MLS Number
215292
Additional Details
Property Access
Frontage Type: Street
Appliances & Equipment
Other equipment: Office Equipment Included
Building
Built in 1978, Living area: 6000, Living area units: Square Feet, 4 buildings, Construction Materials: Frame
Cooling
Central Air
Accessibility Features
Not Handicap Accessible
Heating
Forced Air
Lot
0.7 acres
Parking
25 total parking spaces
Roof
Metal
Sewer
Public Sewer
Taxes
Parcel Number: 1009313004001.001, Annual Amount: $2,934.72, Legal Description: COM @ SW COR OF NE1/4 OF NW1/4 OF SW1/4 OF SEC 31 T3N R27E T H N 446.12' TO POB TH N 225' E 144' S 18' W 10.32' S 205.11' W 129.63' TO POB, Year: 2026
Utilities
Water Source: Public, City, Dothan, 220 Volts
Water Features
No Waterfront
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.
