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    369 Bud Gary Rd Clayton, AL 36016
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    369 Bud Gary Rd, Clayton, AL 36016

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    • Commercial real estate
    • 425.13 lot acres
    For Sale
    $2,338,215
    View Listing →
    Pasture Land with Multiple Ponds For Sale
    $2,338,215
    425.13 Acres

    Pasture Land with Multiple Ponds

    Fenced pasture land featuring ponds, mature pines, and home.

    369 Bud Gary Road, Clayton, AL 36016
    View Listing
    Property ID
    US03-1761450
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 369 Bud Gary Rd

    Lot size
    425.13 lot acres
    Property type
    Commercial real estate
    APN
    06-21-01-11-0-000-006.000

    Description

    Exceptional investment opportunity in Barbour County, Alabama. This meticulously maintained 425.13-acre property boasts stunning panoramic views and gently sloping terrain. The land features approximately 60 acres of mature longleaf pines, providing significant timber value. Five spring-fed ponds, totaling roughly 8 acres, offer depths ranging from 12 to 22 feet, ideal for fishing and wildlife. The property is fenced and cross-fenced, encompassing approximately 3 miles of fencing, and includes a two-bedroom house, a barn, and a grain bin. Excellent hunting opportunities abound, with plentiful quail, turkey, and deer. The property also includes a well-maintained windmill. Utilities include Bakerhill Water and Pea River Electric. The property has paved road frontage on Bud Gary Road (approximately 1,782 feet) and Cooper Road (approximately 1,134 feet). Currently used for cattle grazing, the land also presents beautiful home sites. The property is zoned for agriculture (AGRICULTURE). The APN is 06-21-01-11-0-000-006.000. This unique property offers a blend of recreational, agricultural, and timber investment potential. The asking price is $2,338,215.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Barbour
    State
    Alabama
    Longitude
    -85.398724470529
    Latitude
    31.76843830586

    Comparable in this City

    • $2,338,215
      425.13 Acres

      Pasture Land with Multiple Ponds

      Fenced pasture land featuring ponds, mature pines, and home.
      369 Bud Gary Rd, Clayton, AL 36016
      View Details
    • $144,000
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      Secluded Hunting and Timber Tract

      45-acre timber and hunting tract near Clayton, Alabama.
      000 Williams Mill Rd, Clayton, AL 36016
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    • $64,900
      Pending

      19 Acres Vacant Land Clayton

      19 acres of vacant land perfect for homestead or investment.
      Western Byp, Clayton, AL 36016
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    • $489,000
      26.00 Acres

      Spacious Property with Guest House

      26-acre property featuring a main residence and unfinished guest house.
      329 Highway 51, Clayton, AL 36016
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    • $292,000
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      Secluded Land with Wallace Creek

      73+/- acres of secluded hunting land with water and electric.
      53 Highway, Clayton, AL 36016
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    • $65,000
      12.00 Acres

      Undeveloped Hunting Land in Clayton, AL

      12 +/- acres of private hunting land for sale.
      12 Lk S/D, Clayton, AL 36016
      View Details

    Similar Nearby for Sale

    • $2,338,215
      425.13 Acres

      Pasture Land with Multiple Ponds

      Fenced pasture land featuring ponds, mature pines, and home.
      369 Bud Gary Rd, Clayton, AL 36016
      View Details
    • $64,900
      Pending

      19 Acres Vacant Land Clayton

      19 acres of vacant land perfect for homestead or investment.
      Western Byp, Clayton, AL 36016
      View Details
    • $489,000
      26.00 Acres

      Spacious Property with Guest House

      26-acre property featuring a main residence and unfinished guest house.
      329 Highway 51, Clayton, AL 36016
      View Details
    • $144,000
      45.00 Acres

      Secluded Hunting and Timber Tract

      45-acre timber and hunting tract near Clayton, Alabama.
      000 Williams Mill Rd, Clayton, AL 36016
      View Details
    • $292,000
      73.00 Acres

      Secluded Land with Wallace Creek

      73+/- acres of secluded hunting land with water and electric.
      53 Highway, Clayton, AL 36016
      View Details
    • $449,900
      57.00 Acres

      57 Acres Land with Improvements

      Recreational land, livestock farm, or homesite with tremendous views.
      4154 Highway 131, Clayton, AL 36016
      View Details
    View Listing
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    Clayton, AL 36016
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    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.

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