Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    21875 AL-181 Fairhope, AL 36532

    Source: https://www.saltercompany.com
    For Lease
    $23 SF/Yr ($11,082 /Mo)

    High-visibility medical office, sale/lease

    Lot size:
    5,782 SF

    Description

    Added:
    Mar 14, 2025
    Days on Market:
    274
    This 5,782 square foot medical office building is located on Highway 181 in Fairhope, Alabama, offering excellent visibility and convenient access. Situated near the new Planters Pointe Publix development, this property is ideally suited for one or two medical users. Approximately 4,782 square feet is currently owner-occupied, while the remaining approximately 1,000 square feet in the rear is leased to a short-term tenant. A digital sign is prominently displayed at the roadside. The property benefits from Baldwin County's robust growth, experiencing a 27.2% population increase between 2010 and 2020, ranking it among the fastest-growing MSAs in the US. The property includes two parcels (Parcel Number: 05-46-02-10-0-000-030.002, PIN: 117883 and Parcel Number: 05-46-02-10-0-000-030.127, PIN: 361263), with a residential home located on the rear parcel. The lease type is NNN with a short-term option. The property is offered for sale at $2,515,000. The annual rate is $23 per square foot.

    Property Features for 21875 AL-181

    General Information

    Property type
    Other office properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    5,782 SF
    USF (Usable sq. ft)
    5,782 SF
    Class
    C
    Total Parking Spaces
    35
    Elevators
    N/A
    Total Rate
    11082.17
    Lease Term
    Short Term

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 5,782 sq ft medical office building in high‑visibility Fairhope, AL location.
    • Partially owner‑occupied, with additional short‑term lease in place.
    • Offered for sale at $2,515,000, situated near new Publix development.
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Fairhope
    State
    Alabama
    Longitude
    -87.913231
    Latitude
    30.634235

    Nearby Similar for Lease

    • $12 SF/Yr
      3,200 SF

      Fairhope Commercial Space with Apartment

      Versatile commercial property with income-producing apartment on US Hwy 98.
      10090 Us-98, Fairhope, AL
      View Details
    • $28 SF/Yr
      27,930 SF

      Retail Space in Eastern Shore

      Prime retail opportunity in Fairhope's Eastern Shore Village Shopping Center.
      100-350 Eastern Shore Shopping Ctr, Fairhope, AL 36532
      View Details
    • $8,900 /Mo
      3,080 SF

      Downtown Fairhope Restaurant Space

      Prime restaurant space in the heart of downtown Fairhope.
      61 N Section St, Fairhope, AL 36532
      View Details
    • $25 SF/Yr
      2,500 SF

      Prime Office Space Available

      2,500 sq ft of flexible office space for lease.
      23210 Us-98, Fairhope, AL
      View Details
    • $17 SF/Yr
      1,800 SF

      Fairhope Office/Warehouse Space Available

      Office/warehouse space with units along Hwy 98 in Fairhope, AL.
      9244 Us-98, Fairhope, AL
      View Details
    • $4,500 /Mo
      4,000 SF

      Retail Strip Center on County Road

      Six-suite retail strip center with flexible leasing options.
      9481 Co Rd, Fairhope, AL
      View Details

    FAQs

    What type of property is this?
    Office property - High-visibility medical office, sale/lease
    Where is this office property located?
    The property is located at 21875 AL-181 Fairhope, AL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 5,782 sq ft medical office building in high-visibility Fairhope, AL location.; Partially owner-occupied, with additional short-term lease in place.; Offered for sale at $2,515,000, situated near new Publix development.
    (251) 471-1000
    Request Owner's contact information
    21875 AL-181 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.
    21875 AL-181
    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
    21875 AL-181 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.