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    1050 Fairhope Ave Fairhope, AL 36532

    Source: https://www.saltercompany.com
    For Sale
    $595,000

    Prime Fairhope location, 0.94 acres, B-4 zoning.

    Property size:
    40,946 SF

    Description

    Added:
    Feb 16, 2025
    Days on Market:
    303
    This exceptional 0.94-acre commercial lot presents a unique investment opportunity in the thriving city of Fairhope, Alabama. Located at 1050 Fairhope Avenue, this property boasts an impressive 204 feet of frontage on a major thoroughfare, ensuring high visibility and accessibility. The B-4 (Business and Professional District) zoning allows for a wide range of commercial uses, making it ideal for a variety of businesses. This versatile lot is perfect for developers seeking to construct a professional office building, medical facility, or other commercial enterprise. Its prime location in Fairhope offers easy access to local amenities, a strong workforce, and a vibrant community. The expansive lot size provides ample space for development, allowing for flexibility in design and functionality. The asking price is $595,000. This property represents a significant opportunity to establish a thriving business in a desirable location. Serious inquiries are encouraged. The property is located in Baldwin County, Alabama, with a zip code of 36532. The lot size is 0.94 acres.

    Property Features for 1050 Fairhope Ave

    General Information

    Property type
    Other land
    Square Feet
    40,946 SF
    Price / Square Foot
    $14
    Elevators
    N/A
    Lot Size
    40,946 SF

    HighLights

    • Prime 0.94‑acre lot in Fairhope, AL, zoned B‑4 for business and professional use.
    • Excellent Fairhope Avenue frontage (204 feet) offers high visibility.
    • Ideal for medical or professional office development in a thriving Baldwin County location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    State
    Alabama
    Longitude
    -87.880266
    Latitude
    30.523279

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    FAQs

    What type of property is this?
    Land - Prime Fairhope location, 0.94 acres, B-4 zoning.
    Where is this land located?
    The property is located at 1050 Fairhope Ave Fairhope, AL.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Prime 0.94-acre lot in Fairhope, AL, zoned B-4 for business and professional use.; Excellent Fairhope Avenue frontage (204 feet) offers high visibility.; Ideal for medical or professional office development in a thriving Baldwin County location.
    (601) 906-4544
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    1050 Fairhope Ave 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
    1050 Fairhope Ave Fairhope, AL 36532
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