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    9481 Co Rd, Unit 32 Fairhope, AL

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    For Lease
    $4,500 /Mo ($13 SF/Yr)

    Six-suite retail strip center with flexible leasing options.

    Property size:
    4,000 SF
    Lot size:
    1.81 Acres

    Property Features for 9481 Co Rd

    General Information

    Size
    4,000 SF
    Lot size
    1.81 Acres

    Source: Wise Living Real Estate, LLC Agent Henry A Wise IV

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Strip Center on County Road

    This 6-suite retail strip center is located next to Saraceno’s Restaurant along County Road 32. It offers visibility and flexible leasing options. There are 6 total suites (A–F), each 1,000 square feet. Suites A–D comprise 4,000 square feet of vacant shell space. Suites E & F are fully built-out and ready for immediate occupancy. The owner pays for water and sewer. The tenant is responsible for electricity, with each suite separately metered. The location in Fairhope’s growing commercial corridor is suitable for retail, office, or service-based businesses seeking visibility and accessibility.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.9033261
    Latitude
    30.5229719

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    FAQs

    What type of property is this?
    Strip mall - Six-suite retail strip center with flexible leasing options.
    Where is this strip mall located?
    The property is located at 9481 Co Rd, Unit 32 Fairhope, AL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility on County Road 32.; - Flexible leasing options with spaces ranging from 1,000 SF to 4,000 SF.; - Suites E & F are **fully built-out and ready for immediate occupancy.**
    (251) 583-8968
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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
    9481 Co Rd, Unit 32 Fairhope, AL
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