Your AI Navigator in Commercial Real Estate
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

    0 US Highway 98 Fairhope, AL 36532

    Source: https://www.saltercompany.com
    For Sale
    $3,250,000

    37.8 acres, prime development potential, Fairhope, AL

    Property size:
    1,646,568 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    300
    This remarkable 37.8-acre property in Fairhope, Alabama, presents a unique investment opportunity. Situated in Baldwin County, the land features a paved driveway, a sizable lake stocked with bass and bream, and 1,281 feet of road frontage. The property boasts mature trees and is located in flood zone X, offering added security. A wetland delineation study is available. Currently zoned Rural Agriculture, allowing for a minimum three-acre lot subdivision. Rezoning for higher density is possible, increasing future development flexibility and value. This location offers easy access to Fairhope, making it ideal for a high-end residential development or a private estate. The property's natural beauty and development potential combine to create an exceptional investment. All information should be verified by the buyer during due diligence. The property's size is 37.8 acres. The sale price is $3,250,000. The zip code is 36532.

    Property Features for 0 US Highway 98

    General Information

    Property type
    Other land
    Square Feet
    1,646,568 SF
    Price / Square Foot
    $1.97
    Elevators
    N/A
    Lot Size
    1,646,568 SF

    HighLights

    • 37.8 acres of pristine land in Fairhope, Alabama, ideal for development or a private estate.
    • Features a stocked lake, paved drive, and 1,281 feet of road frontage.
    • Zoned Rural Agriculture, offering three‑acre minimum lot subdivision potential, with rezoning options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Fairhope
    State
    Alabama

    Nearby Similar for Sale

    • New
      $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
    • $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
    • $3,450,000

      Fairhope Retail Center For Sale

      Multi-tenant retail center in Fairhope, Alabama, fully occupied.
      19690 Greeno Rd, Fairhope, AL 36532
      View Details

    FAQs

    What type of property is this?
    Land - 37.8 acres, prime development potential, Fairhope, AL
    Where is this land located?
    The property is located at 0 US Highway 98 Fairhope, AL.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: 37.8 acres of pristine land in Fairhope, Alabama, ideal for development or a private estate.; Features a stocked lake, paved drive, and 1,281 feet of road frontage.; Zoned Rural Agriculture, offering three-acre minimum lot subdivision potential, with rezoning options.
    (850) 564-0120
    Request Owner's contact information
    0 US Highway 98 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.
    0 US Highway 98
    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 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
    0 US Highway 98 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
    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.