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Property profile & analytics
OFF-MARKET
Land

181/Highway 104 Hwy Fairhope, AL 36532

0.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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