181 Hwy Fairhope, AL 36532
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.