Dothan Restaurant Site For
3421 Ross Clark Cir Dothan, AL
For Sale
Contact for pricing
Restaurant site on Ross Clark Circle, Dothan, Alabama.
Property Size5,256 SF
Lot Size1.89 Acres
Price / SF$371
Days on Market247
Property Features for 3421 Ross Clark Cir
General Information
Standard status
Active
Size
5,256 SF
Lot size
1.89 Acres
Property subtype
RETAIL
Listing Agency:
Forrest & Fields CRE
(334) 685-1276
Listed By:
David R Cornelius · License #000086953
(334) 685-1276
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Jul 6
Last Checked: Jul 21 at 2:59AM
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 Forrest & Fields CRE
Investment Insights
Based on property information with market context.
This property is a restaurant site located on Ross Clark Circle (State Route 210) in Dothan, Alabama. The location is considered a prime commercial area. Ross Clark Circle serves as a beltway around the city, accommodating both local and long-distance traffic. The site benefits from its proximity to U.S. Highways 84, 231, and 431, all of which converge with the circle. The average annual daily traffic count exceeds 31,591 vehicles per day.
The restaurant building, offering approximately 5,296 square feet of space on a 1.88-acre lot, was initially constructed in 1997 as Ruby Tuesday's largest prototype. In 2018, a Fazoli’s franchisee acquired the property and carried out extensive renovations and improvements. The restaurant features a drive-thru, a large parking lot, and convenient access. Some equipment will not remain.
The restaurant building, offering approximately 5,296 square feet of space on a 1.88-acre lot, was initially constructed in 1997 as Ruby Tuesday's largest prototype. In 2018, a Fazoli’s franchisee acquired the property and carried out extensive renovations and improvements. The restaurant features a drive-thru, a large parking lot, and convenient access. Some equipment will not remain.
Key Highlights
- Located in Dothan's best commercial trade area on Ross Clark Circle (State Route 210) with high traffic volume.
- Features a convenient drive‑thru and large parking lot.
- Extensively renovated restaurant in 2018.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.8k | $15.00 |
| − Vacancy | −$5.5k | −$1.05 |
| EGI | $73.3k | $13.95 |
| − OpEx | −$18.3k | −$3.49 |
| NOI | $55.0k | $10.46 |
5,256 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$785.6K
$687.4K – $916.5K
NOI $54,991 @ 7.0% cap · market cap 2.82%
Second Best
Retail
$523.4K
$458.0K – $610.6K
NOI $36,638 @ 7.0% cap · market cap 1.88%
Theoretical Best
Healthcare Medical
$929.0K
$812.9K – $1.08M
NOI $65,030 @ 7.0% cap · market cap 3.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Restaurant site on Ross Clark Circle, Dothan, Alabama.
Where is this drive through restaurant located?
The property is located at 3421 Ross Clark Cir Dothan, AL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Located in Dothan's best commercial trade area on Ross Clark Circle (State Route 210) with high traffic volume.; Features a convenient drive‑thru and large parking lot.; Extensively renovated restaurant in 2018.
