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Property profile

2017 Lay Dam Rd Clanton, AL 35045

OFF-MARKET
Office Spaces
13.3 ac lot Built 1997
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses 13.3+/- acres of prime commercial land in Clanton, Alabama, strategically located near I-65 Exit 212 and St. Vincent's Hospital. The property includes a 2120 square foot office building, currently offering lease potential, providing immediate income generation while development plans are finalized. The expansive acreage presents significant development possibilities, ideal for a strip mall, office complex, or other commercial ventures. Its proximity to the hospital makes it particularly well-suited for medical offices, catering to the growing healthcare needs of the community. The location also benefits from its convenient access to Lay Dam Boat Launch, a popular recreational destination known for its excellent bass fishing. Furthermore, the State of Alabama Visitor's Center is within a half-mile radius, enhancing visibility and accessibility. This property offers a unique blend of immediate income potential and long-term growth prospects, capitalizing on the expanding commercial sector fueled by the nearby hospital and the area's burgeoning population. With an estimated 45,264 county residents (July 2021 Census data), this investment presents a compelling opportunity to participate in Clanton's continued development. The property's strategic location and diverse development potential make it an attractive proposition for discerning investors seeking strong returns in a high-growth market.

Property profile

Verified
Property type Office Spaces
Year built 1997
Lot 13.3 ac (579,348 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2017 Lay Dam Rd Clanton, AL 35045
Clanton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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