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    Greeno Rd Fairhope, AL 36532

    For Lease
    $1.00 SF/Yr

    2.5 Acres, High Visibility, Build-to-Suit

    Lot size:
    108,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.5-acre commercial land parcel presents a unique investment opportunity in the thriving Fairhope, Alabama market. Located at 0 Greeno Road, this property boasts 108,900 square feet of land with excellent visibility along Greeno Road, situated just south of a recently completed Publix development. This prime location ensures high traffic counts and strong potential for attracting a diverse range of businesses. The property is zoned for commercial use and is available for ground lease or a build-to-suit arrangement, offering flexibility to accommodate various development plans. This presents a rare chance to secure a significant commercial site in a rapidly growing area of Baldwin County, Alabama. The property's single-tenant designation simplifies development and management, making it an attractive option for both individual investors and larger corporations. Its proximity to the new Publix development further enhances its desirability, providing immediate access to a substantial customer base and contributing to a vibrant commercial environment. The 36532 zip code offers easy access to major transportation routes, ensuring convenient access for employees and customers alike. This is an exceptional opportunity to capitalize on the strong economic growth and increasing demand for commercial space in Fairhope.

    Property Features for 0 Greeno Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    108,900 SF

    Unit(s) available at that property

    Space
    Size
    108,900 SF
    Rate per SF
    $1.00

    HighLights

    • 2.5‑acre commercial land parcel in Fairhope, Alabama.
    • Located at 0 Greeno Road with excellent visibility.
    • 108,900 square feet of commercially‑zoned land.
    • Ground lease or build‑to‑suit options available.
    • Located near a recently completed Publix, offering high traffic counts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8861548
    Latitude
    30.5231796

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    FAQs

    What type of property is this?
    Land - 2.5 Acres, High Visibility, Build-to-Suit
    Where is this land located?
    The property is located at Greeno Rd Fairhope, AL.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: 2.5-acre commercial land parcel in Fairhope, Alabama.; Located at 0 Greeno Road with excellent visibility.; 108,900 square feet of commercially-zoned land.
    Request Owner's contact information
    Greeno Rd 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
    Greeno Rd Fairhope, AL 36532
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