Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3340 Ross Clark Cir Dothan, AL 36303

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,999,900

    Retail property with attractive cap rate and lease extension options.

    Property size:
    10,483 SF
    Lot size:
    2.69 Acres

    Property Features for 3340 Ross Clark Cir

    General Information

    Size
    10,483 SF
    Lot size
    2.69 Acres

    Source: ONE Street Agent Kevin Brandes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property with Lease Extensions

    This retail property offers an attractive 6.75% in-place cap rate. The current lease term has 3 years remaining, with two available 5-year lease extensions. The lease includes a 5% in place percentage rent bonus, which is not calculated in the cap rate. Triggered extensions include 15% rent increases. The property benefits from a daily traffic count of 33,179. The property size is 10,483 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Golden Corral Buffet ... Buffet Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.430159
    Latitude
    31.239893

    Nearby Similar for Sale

    • New
      $1,895,000
      4.20 Acres

      Dothan Commercial Building on 4.21 Acres

      Commercial building with drive-thru, offices, and ample parking.
      1380 Cottonwood Rd, Dothan, AL 36301
      View Details
    • $800,000
      6.27 Acres

      Dothan Commercial Opportunity on 6.268 Acres

      Versatile property on 6.268 acres, suitable for various business opportunities.
      2410 Denton Rd, Dothan, AL 36303
      View Details
    • $2,798,000
      2.43 Acres

      Westgate Parkway Commercial Property

      Highly visible commercial property on 2.43 acres, formerly a restaurant.
      1708 Westgate Pkwy, Dothan, AL 36303
      View Details
    • $225,900
      0.40 Acres

      Dothan Commercial Space for Sale

      Affordable commercial space with flexible layout and recent updates.
      104 Herring St, Dothan, AL 36303
      View Details
    • $650,000
      2.02 Acres

      Dothan Commercial Property on Highway

      Over 2 acres with high traffic and redevelopment potential.
      3546 Reeves St, Dothan, AL 36303
      View Details
    • $244,000
      0.91 Acres

      Prime Commercial Property on Oates

      High-traffic commercial property with a 3,247 sq ft building.
      2013 S Oates St, Dothan, AL 09073
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail property with attractive cap rate and lease extension options.
    Where is this retail space located?
    The property is located at 3340 Ross Clark Cir Dothan, AL.
    What is the asking price?
    The asking price for this property is $2,999,900.
    What are key features of this property?
    This property features: - Attractive 6.75% in-place cap rate; - 5% in place percentage rent bonus, NOT calculated in the cap rate; - Two, 5-year lease extensions available
    (202) 867-5309
    Request Owner's contact information
    3340 Ross Clark Cir Dothan, AL 36303
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3340 Ross Clark Cir
    Dothan, AL 36303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3340 Ross Clark Cir Dothan, AL 36303
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.