181/Highway 104 Hwy Fairhope, AL 36532
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.
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.