0 Rock Creek Pkwy Fairhope, AL 36532
This exceptional 0.57-acre commercial lot, situated at the entrance to Rock Creek Parkway in Fairhope, Alabama (zip code 36532), presents a unique investment opportunity. Priced at $299,000, this PUD-zoned land boasts a compelling price per acre of $524,561. A comprehensive land boring report, conducted by GeoCon, is readily available, along with a conceptual site plan for a 3,000 square foot commercial building. This detailed planning significantly streamlines the development process, reducing potential delays and uncertainties. The property is ideal for a single-tenant occupancy. The list price per square foot is calculated at $12.04. For those seeking a larger footprint, an adjacent 2.20-acre parcel is also available (listing #30875420). This prime location offers excellent visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. Located in Baldwin County, this property provides easy access to the vibrant Fairhope community and its surrounding amenities. Further information is available upon request.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.