Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Retail Building in Clanton Title is generated by Realmo AI

    1502 N 7th Street, Clanton, AL 35045

    View on Map
    Claim this Listing
    For Sale
    $399,000

    Fully renovated commercial/retail building in downtown Clanton with high traffic.

    Type:Commercial/Industrial
    Property size:
    1,920 SF
    Price / SF:
    $207/SF
    Added:
    Nov 22, 2025
    Days on Market:
    192
    Last Refresh:
    Apr 7 at 9:12 pm

    Property Features for 1502 N 7th Street

    General Information

    Standard status
    Active
    Size
    1,920 SF
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    MOHAMMED AL-QAHTANI

    Listing agent MOHAMMED AL-QAHTANI

    Listing office Keller Williams Metro South

    Listing date Nov 22, 2025

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Metro South

    HighLights

    • High‑traffic location on US Highway 31/7th ST in downtown Clanton.
    • Fully renovated interior (2025).
    • Updated plumbing and electrical systems.
    • New water heater (2025).
    • Upgraded lighting throughout the building.
    • Versatile space suitable for various retail businesses.

    Overview

    This fully renovated commercial/retail building is located in the heart of downtown Clanton. Positioned along US Highway 31/7th ST, the property benefits from high daily traffic, both by car and foot. Major updates include a complete interior renovation (2025), updated plumbing and electrical systems, a new water heater (2025), and upgraded lighting throughout the building. The building offers a versatile space, ready for various business visions and retail businesses. The property size is 1920 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clanton
    County
    Chilton
    State
    Alabama
    Longitude
    -86.634399
    Latitude
    32.851011

    Nearby Similar for Sale

    • $399,000

      Renovated Retail Building in Clanton

      Fully renovated commercial/retail building in downtown Clanton with high traffic.
      1502 N 7TH STREET, CLANTON, AL 35045
      View Details
    • $4,400

      Spacious Office with Modern Amenities

      4,300 sq ft office space with conference room and kitchen.
      2000 LAY DAM ROAD, CLANTON, AL 35045
      View Details
    • $350,000
      1,420 SF

      Clanton Office Building For Sale

      Office building in high-traffic area suitable for various uses.
      1903 7th N Street, CLANTON, AL 35045
      View Details
    • $159,000
      316,000 SF

      Clanton Industrial Property for Sale

      Two buildings on 1.49 acres zoned light industrial.
      425 Enterprise Road, CLANTON, AL 35045
      View Details
    • $2,750,000

      Clanton Plaza Retail Center

      Multi-tenant retail center in Clanton's Central Business District.
      208 7th Street South Clanton, AL, Clanton, AL 35045
      View Details
    • $99,900
      2,400 SF

      Highway Commercial Site For Sale

      Commercial site on heavily traveled highway near I-65.
      75 County Road 55, CLANTON, AL 35046
      View Details
    • $259,900

      MH1 Zoned Mobile Home Park

      Mobile home park with renovation potential near downtown Clanton.
      1127 Duren Road, CLANTON, AL 35045
      View Details
    • $2,975,000
      56,540 SF

      Town Mart Clanton Retail Space

      Retail space with Goodwill as anchor tenant and growth potential.
      605 7th St S, Clanton, AL 35045
      View Details
    • $175,000
      2,000 SF

      Adaptable Commercial Property for Sale

      Versatile commercial property suitable for various business needs.
      1705 Highway 31 N, CLANTON, AL 35045
      View Details

    FAQs

    What type of property is this?
    Retail space - Fully renovated commercial/retail building in downtown Clanton with high traffic.
    Where is this retail space located?
    The property is located at 1502 N 7th Street Clanton, AL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: High‑traffic location on US Highway 31/7th ST in downtown Clanton.; **Fully renovated interior (2025).**; Updated plumbing and electrical systems.
    (202) 910-7616
    We can help!
    Listing Contact
    MOHAMMED AL-QAHTANI
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1502 N 7th Street, CLANTON, AL 35045
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!