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    102 Fairhope Ave Fairhope, AL 36532

    Source: https://www.saltercompany.com
    For Lease
    $600 /Mo ($54 SF/Yr)

    Prime Fairhope location, 132 sq ft office.

    Lot size:
    132 SF

    Description

    Added:
    Mar 14, 2025
    Days on Market:
    276
    This 132-square-foot single office space is ideally situated in the heart of downtown Fairhope, Alabama, at 102 Fairhope Avenue, zip code 36532. Its convenient location places it within easy walking distance of the Fairhope Pier and the vibrant downtown area. The office is available for lease under a gross lease agreement, meaning that the monthly rent of $600 includes all utilities and internet access. The lease term is flexible, ranging from one to two years, offering tenants the adaptability they need. The space totals 132 usable square feet, perfect for a solo practitioner or small business needing a central location with minimal overhead. This is a fantastic opportunity for a business seeking a highly visible and accessible office space in a thriving downtown setting. The property is categorized as an office space, suitable for various professional uses, including medical offices or other office-based businesses. No additional taxes per square foot are included in the lease.

    Property Features for 102 Fairhope Ave

    General Information

    Property type
    Other office properties
    Lease Type
    Gross
    RSF (Rentable sq. ft)
    132 SF
    USF (Usable sq. ft)
    132 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    600
    Lease Term
    1-2 Years

    Building Details

    Year Built/Renovated
    1935/1970
    Buildings
    1
    Stories
    1

    HighLights

    • Prime downtown Fairhope location, steps from the pier.
    • 132 sq ft single office, perfect for a small business.
    • Gross lease includes internet; monthly rent $600 for 1‑2 year lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    State
    Alabama
    Longitude
    -87.908077
    Latitude
    30.522799

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    FAQs

    What type of property is this?
    Office property - Prime Fairhope location, 132 sq ft office.
    Where is this office property located?
    The property is located at 102 Fairhope Ave Fairhope, AL.
    What is the lease rate?
    The lease rate is $54 SF/Yr.
    What are key features of this property?
    This property features: Prime downtown Fairhope location, steps from the pier.; 132 sq ft single office, perfect for a small business.; Gross lease includes internet; monthly rent $600 for 1-2 year lease.
    (251) 928-9473
    Request Owner's contact information
    102 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
    102 Fairhope Ave Fairhope, AL 36532
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