Industrial Warehouse with Roll-Up
New
For Sale
$575,000
1906 Ross Clark Circle, Dothan, AL 36301
Commercial Sale, Dothan, AL
Property Size7,200 SF
Lot Size1.94 Acres
Price / SF$79.86
Days on Market2
Property Features for 1906 Ross Clark Circle
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
3 SE-Inside Circle
Standard status
Active
APN
09-07-36-1-011-028.0 & 09-07-36-1-011-028.000
Lot size
1.94 Acres
Amenities
ADA-accessible restroom
Building Details
Year built
2008
Floors in Building
1
Listing Agency:
Berkshire Hathaway HomeServices Showcase Properties
(334) 792-7474
Listed By:
Teresa Conte-Rodriguez
(334) 790-4353
Added: Aug 28
Last Checked: Aug 29 at 3:06PM
MLS# 214606
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.
Investment Insights
Based on property information with market context.
Built in 2008, this 7,200-square-foot industrial warehouse occupies 1.94 acres at 1906 Ross Clark Circle in Dothan. The steel-frame structure has a brick-and-metal exterior, concrete slab foundation, and metal roof. A 10-foot-high by 12-foot-wide roll-up door supports commercial vehicle access, while a full-length interior drain, updated fire-sprinkler system, and ADA-accessible restroom add practical utility. Paved parking is available both inside the building and outside.
The property fronts Ross Clark Circle, where approximately 28,882 vehicles pass, and is positioned within Dothan’s southeast commercial corridor. Its location provides access for customers, employees, and commercial vehicles.
The property fronts Ross Clark Circle, where approximately 28,882 vehicles pass, and is positioned within Dothan’s southeast commercial corridor. Its location provides access for customers, employees, and commercial vehicles.
Key Highlights
- 7,200‑square‑foot industrial warehouse on 1.94 acres
- 10‑foot‑high by 12‑foot‑wide roll‑up door
- Steel‑frame construction with brick‑and‑metal exterior, concrete slab, and metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,274
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$565,480
$565.5K
Cap Rate 7%
$403,914
$403.9K
Cap Rate 9%
$314,156
$314.2K
Market Conditions
NOI Build-Up for 7,200 SF
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.
Gross rent
$43.2K $6.00/SF
− Vacancy
−$2.8K −$0.39/SF
EGI
$40.4K $5.61/SF
− OpEx
−$12.1K −$1.68/SF
NOI
$28.3K $3.93/SF
Area
Houston County, AL
Vacancy
6.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$565,480
Cap Rate 7%
$403,914
Cap Rate 9%
$314,156
Alternative Uses
Best Use
Industrial
$403.9K
$353.4K – $471.2K
NOI $28,274 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.27M
$1.11M – $1.48M
NOI $89,082 @ 7.0% cap · market cap 15.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - Steel-frame warehouse with paved parking, commercial-vehicle access, and an ADA-accessible restroom.
Where is this industrial property located?
The property is located at 1906 Ross Clark Circle Dothan, AL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 7,200‑square‑foot industrial warehouse on 1.94 acres; 10‑foot‑high by 12‑foot‑wide roll‑up door; Steel‑frame construction with brick‑and‑metal exterior, concrete slab, and metal roof
