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Property profile & analytics
FOR LEASE
Investment properties
3500 Ross Clark Cir, Dothan, AL 36303
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-1331251
For Lease
1 / 3
$18,880,000
3500 Ross Clark Cir, Dothan, AL 36303
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2000
Total area
136,564 SF
Lot
18.99 ac (827,278 SF)
APN
09-02-10-4-007-001-000
UPID
US03-1331251
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
PetSmart Dog Training Animal Training
-
FedEx ShipSite Postal Service Courier Service
-
Shops On The Circle Shopping Center & Mall
-
PetSmart Grooming Pet Grooming Service
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.72M
Comparable Approach
Comparable
$21.01M
Blend (final)
Blend
$18.88M
Owner & transaction history
Rof Dothan LLC · 5 yrs held
Rof Dothan LLC
since 2020
Last sale
$18.5M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$24.1M
+95.0%
Office building
$12.8M
+3.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dothan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dothan submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$14,945,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,280,000
6.5%
$18,720,000
7%
$17,385,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$12,360,000
Current use
MEDICAL BUILDING
$24,100,000
Change: +95% · Conversion: Easy
OFFICE BUILDING
$12,795,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$18.88M
Range $16.99M – $20.77M · ±10% · vs last sale $18.50M (Nov 4 2020)
Last sale anchor
$18.50M
Nov 4 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$138 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$78,715
Tax year 2023
Assessed value
$2,281,600
Assessed 2023
Previous assessed
$2,281,600
+0.0% YoY
Effective rate
3.45%
On assessed value
Land market value
$1,902,700
Improvement market value
$9,505,300
Total market value
$11,408,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
2000
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Total area
136,564 SF
Lot
18.99 ac (827,278 SF)
APN
09-02-10-4-007-001-000
UPID
US03-1331251
Jurisdiction
HOUSTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$12.4M
MEDICAL BUILDING
Est. value
$24.1M
OFFICE BUILDING
Est. value
$12.8M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
18.99 ac
Current owner
From public records · entity-resolved
Rof Dothan LLC
Entity
Mailing address
PO BOX 5369, WAYLAND, MA 01778-6369
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2020
$18,500,000
Rof Dothan LLC
G&i Viii Rcg Dothan LLC
Warranty Deed
$11,100,000 · Bank Plus
Dec 10, 2014
$16,259
G And I Vii Rgc Dothan LLC
Ddr Southeast Dothan LLC A Delaware
Warranty Deed
—
Dec 10, 2014
$4,900,656
G And I Viii Rgc Dothan LLC
Ddr Southeast Dothan Outparcel LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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