Property profile

2017 Lay Dam Rd Clanton, AL 35045

OFF-MARKET
Land
13.3 ac lot
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Property summary

AI-generated overview

This exceptional 13.3-acre commercial land parcel presents a significant investment opportunity in Clanton, Alabama. Strategically located near Interstate 65, Exit 212, and directly across from St. Vincent's Hospital, this property benefits from high visibility and convenient access. The site's proximity to the hospital makes it ideal for medical offices or a related commercial development. Alternatively, its size and location are well-suited for a strip mall or office complex. Currently, a 2120 square foot office building is situated on the property, offering potential lease income until development commences. The property's location also benefits from its proximity to the Lay Dam boat launch, a popular fishing destination on Lay Reservoir, and the Alabama State Visitor's Center. Chilton County's population of approximately 45,264 residents (July 2021 estimate) provides a substantial potential customer base. This is a rare chance to acquire a large tract of land in a rapidly growing area with excellent potential for future development and strong rental income. The asking price is $280,000. The property is located at 2017 Lay Dam Rd, Clanton, AL 35045.

Property profile

Verified
Property type Land
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

Realmo proprietary · 4 methods
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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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