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NNN Restaurant Property
For Sale
$2,800,000

18874 Section Street, Fairhope, AL 36532

SINGLE_FAMILY - Fairhope, AL

Property SizeContact for details
Lot Size2.50 Acres
Days on Market148

Property Features for 18874 Section Street

General Information

Property type Residential
Property subtype Retail
Zoning Commercial
Lot features Some Trees
Directions Take a left on 98. Take another left on Section. Property will be 150 yards on your left.
Subdivision Baldwin
Standard status Active
APN 46-09-29-0-000-046.000
Lot size 2.50 Acres

Taxes and HOA fees

Tax Description 135 X 282 BEG AT THE NW COR OF THE S1 2 OF NW1 4 OF NW1 4 OF 29-6-2 RUN S ALG SECTION ST 135 TO A PT TH RUN E 322 TO A PT TH RUN N 135 TO PT TH RUN W 322 TO POB LESS 40 RO AD (WD)
Tax Annual Amount 3679
Legal Description 135 X 282 BEG AT THE NW COR OF THE S1 2 OF NW1 4 OF NW1 4 OF 29-6-2 RUN S ALG SECTION ST 135 TO A PT TH RUN E 322 TO A PT TH RUN N 135 TO PT TH RUN W 322 TO POB LESS 40 RO AD (WD)

Utilities

Heating system Central, Electric (Heating)

Building Details

Year built 1975
Floors in Building 1
Flooring type Vinyl
Roof type Metal
Listing Agency: Wise Living Real Estate, LLC
Listed By: Don Rhodes · License #164408-1
Added: Mar 10 Changed: Aug 4 Last Checked: Aug 4 at 1:06PM
MLS# 393346

Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property at 18874 Section Street is occupied by DragonFly Foodbar and offered with a true NNN lease structure. The tenant is responsible for property taxes, insurance, maintenance, and roof obligations, while multiple years remain on the lease. The improvements date to 1975 and include vinyl flooring, central heating, electric heat, and a metal roof.

The offering includes three parcels totaling approximately 2.5 acres in Fairhope, Alabama. The property carries Commercial zoning and is identified by PPINs 696, 67545, and 107350. The existing restaurant operation remains in place, providing an established occupant for the next owner. Buyers should verify property details during due diligence.

Key Highlights

  • True NNN lease with tenant responsibility for taxes, insurance, maintenance, and roof obligations
  • Three parcels totaling approximately 2.5 acres
  • Occupied by DragonFly Foodbar with multiple years remaining on the lease

Property Analytics

Current Use

Dragonfly Food Bar Restaurant Ahi Seafood Market Specialty Food Shop Senior American Life ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Auto Repair Shop Law Firm Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby
Under-served
Demand for This Use

Demographics for 36532, AL

36,918
Population
17,502
Households
2.1
Avg Household Size
48
Median Age
50%
College-Educated
94%
High-School Grad
73.2 sq mi
ZIP Area
504
Density / Sq Mi
$86,026
Median Household Income
$46,129
Median Earnings
$1,374
Median Rent
$395,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial-zoned restaurant property occupied by DragonFly Foodbar under a lease with multiple years remaining.
Where is this conventional restaurant located?
The property is located at 18874 Section Street Fairhope, AL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: True NNN lease with tenant responsibility for taxes, insurance, maintenance, and roof obligations; Three parcels totaling approximately 2.5 acres; Occupied by DragonFly Foodbar with multiple years remaining on the lease
More about this property
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