Property profile

701 Logan Rd Clanton, AL 35045

OFF-MARKET
Investment properties
Property ID
US03-2040558
5,760 SF 0.51 ac lot Built 1988
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 7,394 square foot retail shopping center presents a compelling value-add opportunity in Clanton, Alabama. Located on a prime retail corridor, this multi-tenant property boasts a strategic position next to a Walmart Supercenter and directly across the street from Chilton County High School, Clanton Middle School, and Clanton Country Club. The high traffic count of 15,297 vehicles daily on US Highway 31 ensures significant visibility and accessibility. Currently, short-term leases are in place at below-market rates, offering immediate potential for increased revenue through lease renewals and adjustments. The property's asking price is $955,000, representing a price per square foot of $129.16. A pro-forma NOI of $80,443 projects an attractive 8.00% cap rate, making this an ideal investment for those seeking strong returns in a thriving Alabama market. The property's existing tenant base provides a stable foundation for future growth and value appreciation. This is a rare opportunity to acquire a well-located retail center with significant upside potential. The property is situated at 701 Logan Road, Clanton, AL 35045.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1988
Total area 5,760 SF
Lot 0.51 ac (22,216 SF)
APN 1803070000022002
UPID US03-2040558

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency

Location

701 Logan Rd Clanton, AL 35045-9209
Clanton metro Census 60101 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

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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