106 Blissett Dr, Dothan, AL 36301

Property Description

Multi-Tenant value-add retail investment opportunity located just off Ross Clark Circle. The property consists of four freestanding, single-story commercial buildings totaling approximately 6,000 SF. Each building contains approximately 1,500 SF. Three buildings are currently divided into two suites each. The property offers up to 8 potential rentable units, depending on configuration, suitable for a variety of professional offices, retail and service-oriented businesses. Two suites are currently occupied, each paying $900/mo in rent. The property has historically maintained occupancy of up to 7 out of 8 units before owner relocated, offering significant value-add potential through leasing the remaining vacant spaces. Smaller suites have historically rented for approximately $900/month, while full-building configuration offers rental potential of $1,800/mo. At full occupancy, the property offers projected annual gross rental income of $86,400 and a pro forma NOI of $65,788. Recent capital improvements include new exterior siding (2021), roofs (2022) and multiple HVAC replacements (2021–2023). Property is zoned B-2. Conveniently located just off Ross Clark Circle (29,616 VPD, 2025 AADT), near US Hwy 231 S and Prevatt Road. The property is less than one mile from Publix Shopping Center at Cottonwood Corners and approximately 2.5 miles from SE Health Medical Center.