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    Highway 181 & 104 Fairhope, AL 36532

    Source: https://www.saltercompany.com
    For Sale
    $966,032

    Prime Fairhope commercial lot; ideal development opportunity.

    Property size:
    52,272 SF

    Description

    Added:
    Feb 17, 2025
    Days on Market:
    294
    This exceptional 1.2-acre commercial lot presents a unique development opportunity in the highly sought-after Fairhope, Alabama market. Situated at the intersection of Highway 181 and 104, this property boasts exceptional visibility and accessibility, making it an ideal location for a variety of commercial ventures. The lot's size provides ample space for retail, office, or mixed-use development, catering to the needs of a diverse range of businesses. Priced competitively at $966,032, translating to $18.50 per square foot, this represents a compelling investment opportunity in a rapidly growing area. The property's strategic location and substantial size offer significant potential for long-term growth and return on investment. This is a rare chance to acquire a substantial parcel of land in a prime Baldwin County location, poised for significant commercial development. Interested parties are encouraged to explore the possibilities this exceptional property offers. The property is zoned for commercial use and is ready for immediate development. Detailed site plans and zoning information are available upon request.

    Property Features for Highway 181 & 104

    General Information

    Property type
    Other land
    Square Feet
    52,272 SF
    Price / Square Foot
    $18
    Elevators
    N/A
    Lot Size
    52,272 SF

    HighLights

    • 1.2‑acre commercial lot in high‑demand Fairhope, Alabama.
    • Highly visible location on Highway 181 & 104, ideal for development.
    • Competitively priced at $18.50 per square foot for exceptional ROI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Fairhope
    State
    Alabama

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    FAQs

    What type of property is this?
    Land - Prime Fairhope commercial lot; ideal development opportunity.
    Where is this land located?
    The property is located at Highway 181 & 104 Fairhope, AL.
    What is the asking price?
    The asking price for this property is $966,032.
    What are key features of this property?
    This property features: 1.2-acre commercial lot in high-demand Fairhope, Alabama.; Highly visible location on Highway 181 & 104, ideal for development.; Competitively priced at $18.50 per square foot for exceptional ROI.
    (251) 510-2277
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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
    Highway 181 & 104 Fairhope, AL 36532
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