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Property profile & analytics
OFF-MARKET
Office Spaces

21875 Al-181 Fairhope, AL 36532

5,782 SF 0.94 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Fairhope, Alabama medical office building, situated on Highway 181, offers 5,782 square feet of space in a single-story building, renovated in 2021. The property boasts excellent visibility and is conveniently located near the new Planters Pointe Publix development, benefiting from Baldwin County's rapid population growth. The building is currently configured to accommodate one or two users. Approximately 4,782 square feet is owner-occupied, while the remaining approximately 1,000 square feet in the rear is leased to a short-term tenant. A digital road sign enhances visibility. The property sits on a 0.94-acre lot and is zoned B-2 Local Business District. The property includes two suites and features a convenient single-story design, eliminating the need for elevators. The parcel numbers are 05-46-02-10-0-000-030.002 (PIN: 117883) and 05-46-02-10-0-000-030.127 (PIN: 361263). The property, which includes a residential home on a separate parcel, is offered for sale at $2,515,000. This presents a unique investment opportunity in a thriving market.

Property profile
Verified
Property type Office Spaces
Total area 5,782 SF
Lot 0.94 ac (40,946 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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