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    806 Greeno Rd Fairhope, AL 36532

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    For Sale
    $2,600,000

    5.27 acre mixed-use development site in Fairhope, Alabama.

    Property size:
    229,561 SF
    Lot size:
    3.71 Acres

    Property Features for 806 Greeno Rd

    General Information

    Size
    229,561 SF
    Lot size
    3.71 Acres

    Source: Stirling Properties | Mobile Agent Steadman Bethea

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

    Overview

    Fairhope Mixed-Use Development Opportunity

    Located on approximately 5.27 acres on U.S. Highway 98 in Fairhope, Alabama, East Town Village is a mixed-use development that offers opportunities for commercial uses. The location is directly across from the Fairhope Recreation Center and a new senior living development under construction. With over 740 feet of frontage along the primary corridor of the Eastern Shore of Baldwin County, East Town Village offers exposure and access to retailers, restaurants, and office uses. The development has also been approved for residential use, adding to the appeal of the mixed-use development. The PUD has been approved for a total of 60,000 square feet of space. Parking is programed at 1 space per 300 square feet. Current footprints range from 2,060 square feet to 12,345 square feet; modifications can be made to accommodate the needs of the end-user.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8865272
    Latitude
    30.5402081

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    FAQs

    What type of property is this?
    Commercial land - 5.27 acre mixed-use development site in Fairhope, Alabama.
    Where is this commercial land located?
    The property is located at 806 Greeno Rd Fairhope, AL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Prime location on U.S. Highway 98 in Fairhope, Alabama.; - Mixed-use development approved for commercial and residential use.; - Excellent exposure with over 740’ of frontage on a primary corridor.
    (850) 467-1047
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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
    806 Greeno Rd Fairhope, AL 36532
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