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    22873 Us Highway 98 Fairhope, AL 36532

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    For Lease
    $16 SF/Yr ($2,800 /Mo)

    Office space in a desirable business complex off Hwy 98.

    Property size:
    1,980 SF
    Lot size:
    0.94 Acres

    Property Features for 22873 Us Highway 98

    General Information

    Size
    1,980 SF
    Lot size
    0.94 Acres

    Source: Ashurst & Niemeyer Agent Randall C Niemeyer

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

    Overview

    Montrose Office Space For Rent

    This office space is located in a business complex off Highway 98 in Montrose. The space offers potential for various uses. The layout includes four or five separate offices, along with two open areas suitable for conference rooms. There are three restrooms and a breakfast/lunch area.
    Location Intelligence

    Current Use by Public Records

    Office space

    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
    -87.895131
    Latitude
    30.569727

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    FAQs

    What type of property is this?
    Office space - Office space in a desirable business complex off Hwy 98.
    Where is this office space located?
    The property is located at 22873 Us Highway 98 Fairhope, AL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Desirable location in Montrose off Hwy 98; - Includes 4/5 separate offices; - Two open areas suitable for conference rooms
    (251) 232-2637
    Request Owner's contact information
    22873 Us Highway 98 Fairhope, AL 36532
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    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
    22873 Us Highway 98 Fairhope, AL 36532
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