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    8124 US Highway 98 Fairhope, AL 36532

    Source: https://www.saltercompany.com
    For Sale
    $1,108,166

    Four lots, flexible development potential, prime location.

    Property size:
    92,347 SF

    Description

    Added:
    Feb 17, 2025
    Days on Market:
    294
    This exceptional offering presents four unzoned lots totaling 2.12 acres, strategically situated along the east and west Highway 98 corridor in Fairhope, Alabama, zip code 36532. Located in Baldwin County, this property presents a unique and flexible development opportunity in a rapidly expanding area. The seller is willing to negotiate lot sizes, accommodate offsite work, and discuss pricing to ensure the property aligns perfectly with your specific project requirements. This makes it an ideal choice for developers seeking a customizable solution. The combined acreage offers significant potential for a variety of commercial or residential uses, capitalizing on the area's robust growth trajectory. The property's prime location along Highway 98 provides excellent visibility and accessibility, making it an attractive investment for businesses seeking a high-traffic location. The absence of zoning restrictions allows for a wide range of development possibilities, further enhancing its appeal. The asking price for the entire 2.12-acre parcel is $1,108,166. Serious inquiries are encouraged to explore the possibilities and discuss tailored solutions.

    Property Features for 8124 US Highway 98

    General Information

    Property type
    Other land
    Square Feet
    92,347 SF
    Price / Square Foot
    $11
    Elevators
    N/A
    Lot Size
    92,347 SF

    HighLights

    • Four unzoned lots offer flexible development potential in Fairhope, AL.
    • Prime Highway 98 location in a rapidly growing area.
    • Seller will negotiate lot sizes, offsite work, and pricing.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Spa & Massage Hotel & Motel Gym & Fitness Food Market 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
    State
    Alabama
    Longitude
    -87.885833
    Latitude
    30.420882

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    FAQs

    What type of property is this?
    Land - Four lots, flexible development potential, prime location.
    Where is this land located?
    The property is located at 8124 US Highway 98 Fairhope, AL.
    What is the asking price?
    The asking price for this property is $1,108,166.
    What are key features of this property?
    This property features: Four unzoned lots offer flexible development potential in Fairhope, AL.; Prime Highway 98 location in a rapidly growing area.; Seller will negotiate lot sizes, offsite work, and pricing.
    (251) 270-9099
    Request Owner's contact information
    8124 US Highway 98 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
    8124 US Highway 98 Fairhope, AL 36532
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