Multi-Suite Retail
For Sale
$550,000
106 Blissett Dr, Dothan, AL 36301
Commercial Sale, Dothan, AL
Property Size6,000 SF
Lot Size0.70 Acres
Price / SF$91.67
Days on Market8
Property Features for 106 Blissett Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
-
Standard status
Active
APN
10-09-31-3-004-001.001
Lot size
0.70 Acres
Building Details
Year built
1978
Floors in Building
1
Listing Agency:
NAI TALCOR
(334) 360-2191
Listed By:
Shannon Auty · License #139611
(334) 406-1161
Added: Oct 22
Last Checked: Oct 29 at 11:06PM
MLS# 215292
Copyright © 2026 Southeast Alabama Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The property includes four freestanding, single-story buildings totaling approximately 6,000 square feet, with each building measuring approximately 1,500 square feet. Three buildings are divided into two suites apiece, and the site can accommodate up to 8 rentable units depending on configuration. Two suites are occupied. Improvements include exterior siding installed in 2021, roofs completed in 2022, and HVAC replacements from 2021 through 2023. The property is zoned B-2.
Located just off Ross Clark Circle, the property is near US Hwy 231 S and Prevatt Road. Ross Clark Circle carries 29,616 VPD, 2025 AADT. Publix Shopping Center at Cottonwood Corners is less than one mile away, and SE Health Medical Center is approximately 2.5 miles away.
Located just off Ross Clark Circle, the property is near US Hwy 231 S and Prevatt Road. Ross Clark Circle carries 29,616 VPD, 2025 AADT. Publix Shopping Center at Cottonwood Corners is less than one mile away, and SE Health Medical Center is approximately 2.5 miles away.
Key Highlights
- Four freestanding buildings total approximately 6,000 SF
- Up to 8 rentable units, depending on configuration; two suites are occupied
- Three buildings are divided into two suites each; each building is approximately 1,500 SF
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
29,616 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
Dollar General
Shops & Services
10,547 visits/mo
0.4 miles
Chevron
Shops & Services
7,498 visits/mo
0.3 miles
ARCO
Shops & Services
4,852 visits/mo
0.4 miles
KFC
Dining
4,720 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Four separate one-story buildings offer flexible configurations for retail, office, and service businesses.
Where is this retail space located?
The property is located at 106 Blissett Dr 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 buildings total approximately 6,000 SF; Up to 8 rentable units, depending on configuration; two suites are occupied; Three buildings are divided into two suites each; each building is approximately 1,500 SF
