Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13287 Martin Ln Fairhope, AL 36532

    Sponsored
    For Sale
    $775,000

    Land - Fairhope, AL

    Lot size:
    20.00 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 28 at 7:06 pm

    Property Features for 13287 Martin Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    05-56-04-20-0-000-027.001
    Lot size
    20.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Collins B. Case

    TOPGUN Real Estate (601) 757-0873

    Listing agent Collins B. Case (601) 757-0873 License #148874-2

    Listing date Jan 8, 2026

    MLS# 389934 Listing URL

    Copyright © 2026 Baldwin County 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.

    Learn more

    Property Insight Report

    Overview

    20 Acres of Unzoned Land

    This 20-acre estate is located one mile east of Mobile Bay in Fairhope, AL. The unzoned property in south Baldwin County features mature oaks and a mix of open, usable land with natural character. The private location is suited for a custom home estate, equestrian property, barns, trails, or expansive outdoor living spaces in a country atmosphere. The property offers flexibility and long-term value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Spa & Massage Gym & Fitness Food Market HVAC Service Storage Facility Convenience Store Pet Store Fish Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8926994
    Latitude
    30.4166463

    Nearby Similar for Sale

    • $990,000
      20.00 Acres

      20-Acre Horse Farm Opportunity

      20-acre horse farm in Fairhope, close to downtown.
      Langford Rd, Fairhope, AL 36532
      View Details
    • $4,895,000
      52.58 Acres

      Luxury Equestrian Estate Near Fairhope

      53-acre equestrian estate with covered arena and modern amenities.
      8728 Zippers Trl, Fairhope, AL 36532
      View Details
    • $295,500

      RV Lot with Outdoor Kitchen

      Upscale RV lot with pavilion and outdoor kitchen.
      22434 Fairhope Motorcoach Loop, Fairhope, AL 36532
      View Details
    • $247,000

      Upscale RV Lot with Pavilion

      Secluded RV lot with outdoor kitchen in gated community.
      22356 Fairhope Motorcoach Loop, Fairhope, AL 36532
      View Details
    • $129,900

      Upscale RV Lot in Fairhope

      Class A motor coach lot with pergola near downtown Fairhope.
      22133 Resort Blvd, Fairhope, AL 36532
      View Details
    • $144,900

      Upscale RV Lot with Amenities

      Improved RV lot in gated community near Fairhope, Alabama.
      22227 Fairhope Motorcoach Loop, Fairhope, AL 36532
      View Details
    • $149,000

      Improved RV Lot in Fairhope

      Upscale RV lot with pergola, kitchen, and fire pit.
      22207 Fairhope Motorcoach Loop, Fairhope, AL 36532
      View Details
    • $125,000

      Upscale RV Lot in Fairhope

      Class A motor coach lot in gated community near Fairhope.
      22285 Fairhope Motorcoach Loop, Fairhope, AL 36532
      View Details
    • $949,000
      2,500 SF

      New Construction Coastal Home

      New 4BR/3BA home near downtown Fairhope's shops and restaurants.
      19159 Section St, Fairhope, AL 36532
      View Details
    • $1,900,000
      2,664 SF

      Downtown Fairhope Corner Lot

      Prime downtown location with restaurant and rental cottage.
      51 S Church St, Fairhope, AL 36532
      View Details
    • $330,000

      Updated Condo Near Fairhope Bay

      Updated condo near the bay with spacious living area.
      207 Mobile St South, Fairhope, AL 36532
      View Details
    • $347,900
      1,967 SF

      Fairhope Ranch on Quail Creek

      Ranch home overlooking golf course with optional community amenities.
      133 Club Dr, Fairhope, AL 36532
      View Details

    FAQs

    What type of property is this?
    Land - 20 acres of unzoned land in South Baldwin County.
    Where is this land located?
    The property is located at 13287 Martin Ln Fairhope, AL.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - 20 UNZONED acres in south Baldwin County offering flexibility for various uses.; - Located just ONE mile east of Mobile Bay.; - Ideal for a custom home estate, equestrian property, barns, or trails.
    (601) 757-0873
    Request Owner's contact information
    13287 Martin Ln Fairhope, AL 36532
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13287 Martin Ln
    Fairhope, AL 36532
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    13287 Martin Ln Fairhope, AL 36532
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Collins B. Case
    Real Estate License ID: 148874-2
    (601) 757-0873
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.