Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1841 Lay Dam Rd Clanton, AL 35045
    Back to Search
    Property profile & analytics

    1841 Lay Dam Rd Clanton, AL 35045

    View on Map
    • Land
    • 27.30 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1841 Lay Dam Rd

    Lot size
    27.30 lot acres
    Property type
    Land

    Description

    This exceptional 27.3-acre commercial land parcel presents a unique investment opportunity in Clanton, Alabama. Located at 1841 Lay Dam Rd, this property boasts prime frontage on a paved four-lane road, directly across from Jefferson State Community College. Its strategic location offers unparalleled access to major transportation arteries, placing businesses within a 30-minute radius of Birmingham and a 45-minute drive from Montgomery. Clanton, with a population of approximately 46,000, is renowned for its rich agricultural heritage, particularly its peach production. The area also benefits from the presence of three major lakes and three convenient Interstate 65 exits (205, 208, and 212). These lakes and dams encompass over 157,000 acres of water, providing extensive shoreline for recreational use. This expansive acreage offers significant potential for a wide range of commercial developments, capitalizing on Clanton's thriving community and strategic location within the state. The property is zoned for commercial use (verification required). The asking price for this exceptional property is $889,000. The zip code is 35045, and the property is situated in Chilton County, Alabama.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clanton
    County
    Chilton
    State
    Alabama
    Longitude
    -86.6223
    Latitude
    32.8711

    Comparable in this City

    • Value Estimation by Request
      3.50 Acres

      2105 7Th St

      Land • 3.50 Acres
      2105 7Th St, Clanton, AL 35045
      View Details
    • Value Estimation by Request

      1924 Lay Dam Rd

      Land
      1924 Lay Dam Rd, Clanton, AL 35045
      View Details
    • Value Estimation by Request
      60.74 Acres

      1901 Lay Dam Rd

      Land • 60.74 Acres
      1901 Lay Dam Rd, Clanton, AL 35045
      View Details
    • Value Estimation by Request
      90.00 Acres

      Us-31

      Self storage facilities • 3,920,400 SF
      0 Us-31, Clanton, AL 35045
      View Details
    • Value Estimation by Request
      13.30 Acres

      2017 Lay Dam Rd

      Land • 13.30 Acres
      2017 Lay Dam Rd, Clanton, AL 35045
      View Details
    • Value Estimation by Request
      6.13 Acres

      1001 Jasper Dennis Rd

      Farms • 6.13 Acres
      1001 Jasper Dennis Rd, Clanton, AL 35045
      View Details

    Similar Nearby for Sale

    • $975,000

      Land Equitable Interest Listing

      Equitable interest listing: option contract or assigning interest.
      1209 7Th St S, Clanton, AL 35045
      View Details
    • Contact for pricing

      45 Acres in Clanton

      45 acres of land zoned R1B in Clanton, Alabama.
      807 Yellow Leaf Rd, Clanton, AL 35045
      View Details
    • $84,900
      5.21 Acres

      Land for Development in Clanton

      5.21 acre lot in Lake View Estates, Clanton, AL
      13 County Road 730, Clanton, AL 35045
      View Details
    • $1,625,000

      Land Near Interstate For Sale

      52+/- acre property with road frontage near interstate.
      13 1St St, Clanton, AL 35045
      View Details
    • $84,900

      Lake View Estates Lot

      5.21 acre lot in Lake View Estates.
      730 1St St, Clanton, AL 35045
      View Details
    • $49,900

      Land Parcel with Rental Home

      One-acre parcel zoned for mobile home park with rental home.
      1135 Duren Rd, Clanton, AL 35045
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Spaces in Walmart Shadow

      Shop spaces available in Walmart shadow center with I-65 access.
      1429-1471 7Th St South, Clanton, AL 35045
      View Details
    • $6 SF/Yr

      Clanton Manufacturing/Storage Facility For Rent

      Manufacturing or storage facility with easy access to transportation routes.
      800 16Th Ave North, Clanton, AL 35045
      View Details
    • Contact for pricing

      Retail Space in Growing City

      Retail space available in Clanton, Alabama with high traffic.
      1111 7Th St S, Clanton, AL 35045
      View Details
    • Contact for pricing

      Restaurant Space Near I-65

      Former restaurant space with drive-thru, near I-65 and local attractions.
      2037 7Th St South, Clanton, AL 35045
      View Details
    • $6 SF/Yr
      34,000 SF

      Clanton, AL Warehouse - 34,000 SF

      Prime industrial space; ideal for manufacturing or distribution.
      800 16th Ave North, Clanton, AL 35045
      View Details
    • Contact for pricing
      8,450 SF

      Retail Space in Winn Dixie Center

      Retail space available in Winn Dixie anchored shopping center.
      640-674 Ollie Ave, Clanton, AL 35045
      View Details
    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.
    1841 Lay Dam Rd
    Clanton, AL 35045
    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
    1841 Lay Dam Rd, 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!