Property profile

1901 Lay Dam Rd Clanton, AL 35045

OFF-MARKET
Land
60.74 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 60.74 ac (2,645,834 SF)

Cap rate & NOI

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

Location

1901 Lay Dam Rd Clanton, AL 35045
Clanton metro
Google Maps

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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