Multi-Building Retail
106-112 Blissett Drive, Dothan, AL 36301
For Sale
Contact for pricing
Four single-story buildings offer flexible suite configurations, with two spaces currently occupied.
Property Size6,000 SF
Lot Size0.70 Acres
Price / SF$91.67
Days on Market25
Property Features for 106-112 Blissett Drive
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Traffic Count
Highway Access
Additional Details
Office Units
Tenant in Place
Property Use
Building Details
Buildings
Stories
Tenancy
Owner Occupied
Listing Agency:
NAI TALCOR
Listed By:
Shannon Auty · License AL #139611
(334) 406-1161
Source:
Crexi
Added: Oct 19
Changed: Nov 10
Last Checked: Nov 12 at 8:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI TALCOR
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Four freestanding, single-story retail buildings comprise approximately 6,000 square feet on 0.7 acres. Each building is approximately 1,500 square feet, and three are divided into two suites. Depending on layout, the property can accommodate up to 8 rentable units. Two suites are occupied. Improvements include exterior siding installed in 2021, roofs replaced in 2022, and multiple HVAC replacements from 2021 through 2023.
The property sits just off Ross Clark Circle in Dothan, near US Highway 231 South and Prevatt Road. Publix-anchored Cottonwood Corners Shopping Center is less than one mile away, and Southeast Health Medical Center is approximately 2.5 miles away. Ross Clark Circle recorded 29,616 VPD in 2025 AADT.
The property sits just off Ross Clark Circle in Dothan, near US Highway 231 South and Prevatt Road. Publix-anchored Cottonwood Corners Shopping Center is less than one mile away, and Southeast Health Medical Center is approximately 2.5 miles away. Ross Clark Circle recorded 29,616 VPD in 2025 AADT.
Key Highlights
- Four freestanding retail buildings totaling approximately 6,000 SF on 0.7 acres
- Three buildings are each divided into two suites; up to 8 rentable units, depending on configuration
- Two suites are currently occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,824
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,480
$836.5K
Cap Rate 7%
$597,486
$597.5K
Cap Rate 9%
$464,711
$464.7K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$66.2K $11.04/SF
− Vacancy
−$6.5K −$1.08/SF
EGI
$59.7K $9.96/SF
− OpEx
−$17.9K −$2.99/SF
NOI
$41.8K $6.97/SF
Area
Houston County, AL
Vacancy
9.80%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,480
Cap Rate 7%
$597,486
Cap Rate 9%
$464,711
Alternative Uses
Best Use
Retail
$597.5K
$522.8K – $697.1K
NOI $41,824 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.06M
$927.9K – $1.24M
NOI $74,235 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
7
Office units
29,616 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 33%
Beauty & Spa 6%
Dollar General
Shops & Services
10,547 visits/mo
0.3 miles
Chevron
Shops & Services
7,498 visits/mo
0.1 miles
ARCO
Shops & Services
4,852 visits/mo
0.3 miles
KFC
Dining
4,720 visits/mo
0.1 miles
Pizza Hut
Dining
4,540 visits/mo
0.4 miles
Demographics for 36301, AL
38,447
Population
17,872
Households
2.2
Avg Household Size
40
Median Age
18%
College-Educated
85%
High-School Grad
89.2 sq mi
ZIP Area
431
Density / Sq Mi
$49,124
Median Household Income
$35,333
Median Earnings
$886
Median Rent
$156,100
Median Home Value
Market
Properties on Market for Retail space in Dothan
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Four single-story buildings offer flexible suite configurations, with two spaces currently occupied.
Where is this retail space located?
The property is located at 106-112 Blissett Drive Dothan, AL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four freestanding retail buildings totaling approximately 6,000 SF on 0.7 acres; Three buildings are each divided into two suites; up to 8 rentable units, depending on configuration; Two suites are currently occupied
