2261 S Oates St Dothan, AL 36301
Property profile & analytics
2261 S Oates St Dothan, AL 36301
- Retail space
- 1,536 SF
- 0.24 lot acres
Property ID
US03-1141997
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Lit Tattoo Co. / Tattoo & Piercing Shop
Property Details for 2261 S Oates St
- Year built
- 1955
- Lot size
- 0.24 lot acres
- Property size
- 1,536 SF
- Property type
- Retail space
- APN
- 09-07-36-2-003-018-000
- APU
- 907362003018000
Description
This exceptional investment opportunity presents a 1,536 square foot storefront located at 2261 S. Oates St, Dothan, Alabama, 36301. The property, built in 1955 and completely renovated in 2024, boasts a prime location just off the intersection of Highway 231 S and Ross Clark Circle, benefiting from high visibility and convenient access. Currently occupied by a tattoo shop under a Net Lease (NN+) agreement, the property offers a strong, stable income stream with a lease extending until February 27, 2027 (approximately 2.3 years remaining). The tenant, Lit Tattoo Co., enjoys a right of first refusal. The building features a spacious open layout, a newly renovated restroom, a rear storage area, and a new HVAC unit. Improvements include new flooring, paint, ceiling, and lighting. Seven parking spaces are available on-site, with additional parking located at the rear. The property sits on a one-acre lot and is zoned B-2. The asking price is $159,000, representing a compelling $103.52 per square foot and a 9.66% capitalization rate based on a Net Operating Income (NOI) of $15,360. Nearby businesses include RNR Tire Express, AutoZone, O'Reilly's, Flying J, Things & Wings, and Waffle House. This is a turnkey investment opportunity with a proven tenant and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Dothan
- County
- Houston
- State
- Alabama
- Longitude
- -85.3995
- Latitude
- 31.1941
- CBSA code
- 20020
- CBSA name
- DOTHAN, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$504
$0.00
$0.00
$14,600
-
$24,200
$48,800
$73,000
