887 Lake Mitchell Rd Clanton, AL 35045
This exceptional 0.49-acre commercial property at 887 Lake Mitchell Road in Clanton, Alabama, presents a unique investment opportunity. Its prime location offers unparalleled visibility and accessibility, situated on a high-traffic corner lot with convenient proximity to Interstate 65, ensuring significant exposure to potential clients and customers. The property boasts approximately 135 feet of road frontage along Lake Mitchell Road, maximizing its street presence and enhancing its appeal. All essential utilities are readily available, simplifying the setup and operation of any business. The property is currently improved with a mobile home, which will be removed prior to closing. This presents a blank canvas for the development of a new office building, or the adaptation of an existing structure to suit a variety of commercial uses. The strategic location, coupled with the ample road frontage and readily available utilities, makes this property an ideal choice for businesses seeking a prominent and easily accessible location in the thriving Clanton market. The asking price of $425,000 reflects the significant value and potential of this exceptional commercial property. Don't miss this chance to secure a prime location for your business venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.