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Property profile

1919 Oates St Dothan, AL 36301

OFF-MARKET
Grocery and convenience stores
Property ID
US03-1061151
8,850 SF 1.3 ac lot Built 1966
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,628-square-foot commercial property, located at 1919 S Oates St, Dothan, Alabama 36301, presents a unique investment opportunity. Built in 1966 and renovated in 2024, this single-story building sits on a 1.06-acre lot and is zoned for Light Industrial (L-I) use. The property features a main front area of 6,545 square feet, including a small office and two brand-new customer restrooms. A rear area of 2,083 square feet offers ample storage space, five walk-in coolers, a loading and receiving area with two roll-up doors, and additional restrooms. The property boasts a convenient loading dock, making it suitable for various businesses. Recent improvements include fresh paint, partial flooring upgrades, and renovations to the deli/kitchen area. All interior fixtures and materials are removable, allowing for complete customization. Its prime location at the corner of S. Oates and E. Carroll Streets, just half a mile from the Ross Clark Circle and Highway 231 S intersection, ensures high visibility and accessibility. The large parking lot provides ample space for customers and employees. This versatile space is perfect for retail, food service, contractor supply, office/warehouse, or automotive uses. The APN is 0907362002043000. The asking price is $599,000.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1966
Total area 8,850 SF
Lot 1.3 ac (56,490 SF)
APN 09-07-36-2-002-043-000
UPID US03-1061151

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1919 Oates St Dothan, AL 36301-5061
Dothan metro Census 41100 DOTHAN, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$733k
Blend (final) Blend
$270k

Owner & transaction history

since 2025
Last sale
$500,000
3 recorded transactions
2025
$500,000
2023
$259,900
2014
$1.0M

Zoning & alternative use

Top alternative use upside
Commercial (general) $915,000 +42.9%
Office building $850,000 +32.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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