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    181/Highway 104 Hwy Fairhope, AL 36532

    For Sale
    Contact for pricing

    Prime Baldwin County retail lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Exceptional development opportunity in Fairhope, Alabama, awaits investors seeking to capitalize on a high-growth market. This offering comprises 6-8 outparcels ranging from 0.5 to 5 acres, situated at the coveted intersection of State Highway 181 and State Highway 104 in Baldwin County. The land is priced competitively at $17.50 to $24 per square foot, reflecting its strategic location directly across from a recently opened Publix Supermarket and the new USA Medical Campus, and adjacent to a 230-unit multifamily development. This prime location benefits from its designation as a major retail corridor, ensuring high visibility and accessibility. Fairhope's remarkable growth trajectory, with a population increase exceeding 55% since 2010, underscores the area's robust economic expansion and burgeoning residential sector. The city's commitment to infrastructure improvements, downtown revitalization, and the preservation of natural beauty further enhances the desirability of this investment opportunity. The property's APN is 05-46-01-02-0-000-001.509. This is an unparalleled chance to secure a piece of one of Baldwin County's most sought-after commercial locations. The property's strategic position, coupled with Fairhope's dynamic growth, promises significant returns for discerning investors. Don't miss this chance to be part of Fairhope's continued success.

    Property Features for 181/Highway 104 Hwy

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • Exceptional Fairhope, AL development opportunity: 6‑8 outparcels (0.5‑5 acres) at Hwy 181 & Hwy 104 intersection.
    • Land priced $17.50-$24/SF, across from Publix & USA Medical Campus, adjacent to 230‑unit multifamily.
    • Prime retail corridor location in high‑growth Fairhope (population up 55%+ since 2010).
    • APN: 05‑46‑01‑02‑0‑000‑001.509.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8523608
    Latitude
    30.545508

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    FAQs

    What type of property is this?
    Land - Prime Baldwin County retail lots
    Where is this land located?
    The property is located at 181/Highway 104 Hwy Fairhope, AL.
    What are key features of this property?
    This property features: Exceptional Fairhope, AL development opportunity: 6-8 outparcels (0.5-5 acres) at Hwy 181 & Hwy 104 intersection.; Land priced $17.50-$24/SF, across from Publix & USA Medical Campus, adjacent to 230-unit multifamily.; Prime retail corridor location in high-growth Fairhope (population up 55%+ since 2010).
    Request Owner's contact information
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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
    181/Highway 104 Hwy Fairhope, AL 36532
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