1901 Lay Dam Rd, Clanton, AL 35045
Exceptional investment opportunity: 60.74 acres of commercial land in Clanton, Alabama, listed at $4,000,000. This property boasts B1/B2 zoning, allowing for diverse development options. The land includes seven existing structures, two small lakes, and a currently rented residence. A groundskeeper occupies a rent-free residence on the site. Conveniently located on a busy highway, it's just two miles from I-65, offering easy access to Birmingham (30 minutes) and Montgomery (45 minutes). The City of Clanton confirms a sewer trunk line at the property's rear. Nearby amenities include St. Vincent's Hospital, Jefferson State Junior College, various restaurants and auto dealerships, and a direct route to Lay Dam boat launch. A significant advantage is the proximity to the new Chilton County Courthouse, projected to be completed within two years, across the road. The two parcels, identified as PID# 11-06-24-0-001-010.001 and 11-06-24-0-001-010.000, present a unique chance to capitalize on this prime location and develop a multi-purpose project. This fee simple ownership offers significant potential for future growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.