Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    County Road 834 Clanton, AL 35046

    Sponsored
    For Sale
    $350,000

    Lots - CLANTON, AL

    Lot size:
    3.00 Acres
    Days on Market:
    132
    Last Refresh:
    Jan 25 at 4:06 pm

    Property Features for County Road 834

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    3.00 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Cynthia Martin

    EXIT Royal Realty (205) 258-5325

    Listing agent Cynthia Martin (205) 258-5325

    Listing date Sep 16, 2025

    MLS# 21428300 Listing URL

    Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Lake Mitchell Waterfront Recreational Land

    This property features a 3-acre waterfront lot with 110 feet of frontage on Lake Mitchell, recognized as a recreational lake. The land is suited for activities such as fishing and boating, and provides space for relaxation. It is located in Clanton, Alabama, within Chilton County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Clanton
    County
    Chilton
    State
    Alabama
    Longitude
    -86.516835584259
    Latitude
    32.938321968256

    Nearby Similar for Sale

    • $399,000
      0.16 Acres

      Renovated Retail Building in Clanton

      Fully renovated commercial/retail building in downtown Clanton with high traffic.
      1502 N 7Th St, Clanton, AL 35045
      View Details
    • $950,000
      0.57 Acres

      Highway Commercial Investment Opportunity

      High-traffic corner lot suitable for redevelopment as gas station.
      10325 County Road 29, Clanton, AL 35085
      View Details
    • $139,900
      1,296 SF

      Well-Kept Home with Fireplace

      Low-maintenance home featuring a fireplace, spacious kitchen, and covered patio.
      104 Bethany Ln, Clanton, AL 35046
      View Details
    • $3,000,000

      Clanton Commercial Land Investment

      35+ Acres, I-65 Frontage, High Growth
      1 Hwy 145 Hwy, Clanton, AL 35046
      View Details
    • $150,000
      0.97 Acres

      Prime Clanton Corner Lot Investment

      High-traffic location, ideal for redevelopment.
      2808 7Th St, Clanton, AL 35045
      View Details
    • $280,000
      13.30 Acres

      Prime Clanton Office & Land Investment

      13.3 Acres, High-Growth Area, Office Building
      2017 Lay Dam Rd, Clanton, AL 35045
      View Details
    • $425,000
      2.53 Acres

      High-Traffic Commercial Land, Clanton, AL

      Prime location, high visibility, 2.53 acres.
      1428 County Road 28, Clanton, AL 35046
      View Details
    • $163,000
      1.47 Acres

      Clanton Industrial Property: 1.47 Acres

      Two-building workshop, ideal for mechanics.
      425 Enterprise Rd, Clanton, AL 35045
      View Details
    • $2,500,000
      45.00 Acres

      Prime Clanton Industrial Land

      45 Acres, M-2 Zoning, Railroad Access
      4025 Industrial Park Dr, Clanton, AL 35045
      View Details
    • $750,000
      2.00 Acres

      High-Visibility Clanton Commercial Land

      Prime Hwy 31 location, 2 acres, B-2 zoning.
      1611 7Th St, Clanton, AL 35045
      View Details
    • $8,900,000
      36.00 Acres

      Prime Clanton Commercial Land

      36 Acres Near I-65 & Hospitals
      1924 Lay Dam Rd, Clanton, AL 35045
      View Details
    • $190,000
      0.50 Acres

      Prime Clanton Office Building

      Versatile Office Space, Half-Acre Lot
      1705 Hwy 31, Clanton, AL 35045
      View Details

    FAQs

    What type of property is this?
    Recreation land - Three-acre waterfront lot on Lake Mitchell, perfect for recreation.
    Where is this recreation land located?
    The property is located at County Road 834 Clanton, AL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - 110-foot waterfront lot on Lake Mitchell; - 3 pristine acres offer ample space.; - Located on Lake Mitchell, one of Alabama's finest recreational lakes
    (205) 217-0446
    Request Owner's contact information
    County Road 834 Clanton, AL 35046
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    County Road 834
    Clanton, AL 35046
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    County Road 834 Clanton, AL 35046
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Cynthia Martin
    (205) 217-0446
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.