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    134 Hoyle Ave Fairhope, AL 36532

    For Sale
    $929,500

    Corner commercial lot with high traffic and development potential.

    Lot size:
    1.00 Acre

    Property Features for 134 Hoyle Ave

    General Information

    Lot size
    1.00 Acre

    Source: Vallas Realty, Inc. Agent Robert H. Cook, CCIM

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

    Overview

    Commercial Lot on US Highway

    This commercial lot is located on a corner of US Highway 98 in Fairhope. The property has approximately 175 feet of frontage on US Highway 98, which sees 27,638 cars per day as of 2024, according to ALDOT. The property includes an additional area west of the subject lot that can be used for additional or overflow parking. The lot is adjacent to The Reserve, a planned unit development for a new independent and assisted living community, and is near the Fairhope Recreation Center. The corner lot is for sale.
    Location Intelligence

    Current Use by Public Records

    G. Coleman Oswalt, ... Urologist Kristopher W. Whitehead, ... Urologist Jacob J Jorns, ... Urologist Andrew Shreve, NP Nurse Practitioner Christopher D. Petrus, ... Urologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.887717
    Latitude
    30.53545

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    FAQs

    What type of property is this?
    Commercial land - Corner commercial lot with high traffic and development potential.
    Where is this commercial land located?
    The property is located at 134 Hoyle Ave Fairhope, AL.
    What is the asking price?
    The asking price for this property is $929,500.
    What are key features of this property?
    This property features: - High-traffic location: Enjoy ±175’ frontage on US Highway 98 with 27,638 cars per day (2024 ALDOT data).; - Corner lot providing increased visibility and accessibility.; - Additional area west of the property for overflow parking.
    (251) 367-2970
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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
    134 Hoyle Ave Fairhope, AL 36532
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