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    456 Morphy Ave Fairhope, AL 36532

    For Sale
    $849,900

    Land - Fairhope, AL

    Lot size:
    0.20 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 456 Morphy Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other-See Remarks
    APN
    46-03-37-0-008-055.503
    Lot size
    0.20 Acres

    Building Details

    Architectural style
    Other

    Ashurst & Niemeyer, LLC (251) 928-9265 [email protected]

    Listing agent Preston Niemeyer (251) 928-9265 License #115395

    Listing date Sep 3, 2025

    MLS# 384652 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Fairhope Development Opportunity

    This 0.20-acre vacant lot is located at 456 Morphy Avenue in downtown Fairhope. Zoned B2 (General Business) within the Central Business District (CBD) overlay, the property includes city-approved plans by LeBatard Architects for a three-story mixed-use building, along with a completed boundary survey. Situated at the gateway into downtown, the location offers high visibility and is within walking distance of restaurants, shops, and parks. The site is located in Flood Zone X, outside any flood hazard area. The property is suitable for retail, offices, or a combination of uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lynette Mattina Integrative ... Yoga Instructor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.9008443
    Latitude
    30.5196878

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    FAQs

    What type of property is this?
    Commercial land - 0.20-acre vacant lot with city-approved plans in downtown Fairhope.
    Where is this commercial land located?
    The property is located at 456 Morphy Ave Fairhope, AL.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - City-approved plans by LeBatard Architects for a three-story mixed-use building included.; - Prime downtown Fairhope location at the gateway into downtown.; - Zoned B2 (General Business) within the Central Business District (CBD) overlay.
    (251) 928-9265
    Request Owner's contact information
    456 Morphy Ave Fairhope, AL 36532
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    Fairhope, AL 36532
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    Realmo Value Estimation

    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.

    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.

    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
    456 Morphy Ave Fairhope, AL 36532
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