3801 Ross Clark CirDothan, AL 36303

Property Details for 3801 Ross Clark Cir

Year built

1987

Lot size

7.21 AC

Property size (Sq ft)

5,227 SF

Property type

Retail properties

Property subtype

Other retail properties

APN

09-01-11-2-001-001-002

APU

901112001001002

Description

North Circle Plaza offers a unique opportunity to lease office space in a newly renovated, landmark location. This two-building complex, totaling 82,000 square feet, sits on 7.42 acres of land and features a variety of office space options, suitable for traditional, executive, medical, creative, or coworking businesses. Spaces range from a minimum of 2,000 square feet to a maximum contiguous space of 31,500 square feet, with a total of nine suites available. Currently, 79,500 square feet is vacant, presenting a significant opportunity for multiple tenants. The property boasts a Class B rating, was built in 1981 and underwent extensive renovations in 2023. Amenities include 300+ parking spaces, 15-foot ceilings, and convenient access via Denton Road. The property is zoned B-12 Multi, allowing for diverse business types. With an O'Reilly's Auto Parts superstore already leased, a medical clinic operating, an international market under construction, and a restaurant opening soon, North Circle Plaza is poised to become a high-traffic commercial hub. The property offers excellent visibility and accessibility, with opportunities for large anchor tenants, smaller retail units, and even an end-cap drive-through unit. Electric and gas power are available. This is an exceptional chance to establish your business in a thriving, revitalized location.

• CAP approach

  CAP return

  Valuation

  6%

  $776,094

  6.5%

  $716,394

  7%

  $665,223

• Comparable approach

  Method

  Valuation

  Relative Method

  $936,400

  Geo Method

  $936,400

• Alternative Use

  Use

  Valuation

  Residential

  $604,306

  Hospitality

  $553,541

  Educational

  $460,539

  Medical

  $476,378

  Retail

  $716,394

Location Insight

City

Dothan

County

Houston

State

Alabama

Latitude

31.2543

Longitude

-85.4109

CBSA code

20020

CBSA name

DOTHAN, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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