10413 Hwy 104, Fairhope, AL 36532
- Added:
- Apr 27, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 17 at 12:06 pm
Property Features for 10413 Hwy 104
General Information
- Property type
- Land
- Property subtype
- Other
- Fencing
- Fenced
- Standard status
- Active
- APN
- 4601020000001.513
- Size
- 6,400 SF
- Lot size
- 2.10 Acres
Taxes and HOA fees
- Tax Description
- 150 X 610 COM AT THE SE COR SEC 2 RUN W 3323.7, TH N 40 TO N R W LINE OF AL ST HWY 104 FOR THE POB, TH N 610, TH W 150, TH S 610, TH E 150 TO THE POB CONTAINING 2.10 ACRES LYING IN THE SE1 4 OF THE SW1 4 SEC 2-T6S-R2E (WBOS) LEASE I N#1904796
Utilities
- Water source
- Public
- Water front features
- Waterfront
Listing agent Autumn Gann License #100908 (251) 230-7555
Listing office Coastal MBR, LLC 10 N Section Street, AL (251) 230-7555
Listing date Apr 27, 2026
Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Location: Situated in Fairhope's high‑growth commercial corridor at a major intersection with high traffic counts (10,000+ VPD & 18,000 VPD).
- Approved Building Plans: Includes approved building plans for a 2,700 sq ft office and 3,700 sq ft warehouse.
- B‑2 Zoning: Versatile B‑2 General Business District zoning allows for a wide range of commercial uses.
- Red‑Iron Availability: The red‑iron for the building can convey, saving time and construction costs.
- Surrounded by National Retailers: Located near established national and regional retailers like Publix, USA Health, Sherwin‑Williams, and Wawa.
- Sizeable Acreage: 2.1‑acre property offers ample space for development.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.9k | $19.20 |
| − Vacancy | −$23.3k | −$3.65 |
| EGI | $99.5k | $15.55 |
| − OpEx | −$24.9k | −$3.89 |
| NOI | $74.6k | $11.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fairhope
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.8461906
- Latitude
- 30.5462208
