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    181 Hwy Fairhope, AL 36532

    For Sale
    $1,600,000

    16.7 Acres, High-Growth Fairhope, AL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 16.7-acre commercial land parcel presents a remarkable investment opportunity in the thriving Fairhope, Alabama market. Located directly on Highway 181, this property enjoys unparalleled visibility and accessibility. Its strategic position places it in the heart of a rapidly expanding area, boasting proximity to recently constructed retail giants such as Aldi and a Walmart Supercenter. The property's prime location is further enhanced by its position directly across the street from a proposed mixed-use development incorporating retail and residential components. This development promises to further increase the area's desirability and value, making this land an ideal platform for future commercial ventures. The asking price for this expansive tract is $1,600,000. The property is zoned for commercial use (specific zoning details should be independently verified). Situated in Baldwin County, Alabama, with a Fairhope, AL zip code of 36532, this location offers easy access to major transportation routes and a vibrant community. The coordinates are 30.501544 latitude and -87.8525732 longitude. This is a rare opportunity to acquire a significant land holding in a high-growth area with exceptional potential for substantial return on investment. Serious inquiries are encouraged.

    Property Features for 181 Hwy

    General Information

    Property type
    Land
    Lot Size
    727,452 SF

    HighLights

    • 16.7‑acre commercial land parcel in Fairhope, AL, asking $1,600,000.
    • High‑visibility location on Highway 181, near Aldi and Walmart.
    • Adjacent to a proposed mixed‑use development.
    • Zoned for commercial use (buyer to verify).
    • Baldwin County, AL, zip code 36532.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8525732
    Latitude
    30.501544

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    FAQs

    What type of property is this?
    Land - 16.7 Acres, High-Growth Fairhope, AL
    Where is this land located?
    The property is located at 181 Hwy Fairhope, AL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 16.7-acre commercial land parcel in Fairhope, AL, asking $1,600,000.; High-visibility location on Highway 181, near Aldi and Walmart.; Adjacent to a proposed mixed-use development.
    Request Owner's contact information
    181 Hwy 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
    181 Hwy Fairhope, AL 36532
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