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    Property profile & analytics

    557-559 Fairhope Ave Fairhope, AL 36532

    • Retail properties
    • 24,759 SF
    • 2.06 lot acres
    For Lease
    View listing
    $39 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 557-559 Fairhope Ave

    Year built
    2025
    Lot size
    2.06 lot acres
    Property size
    24,759 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional new mixed-use development, Portico, offers 18 available retail and restaurant spaces in the vibrant Fairhope, Alabama market. Located at 557-559 Fairhope Ave, 36532, this two-building, two-story complex boasts a total of 24,759 square feet on a 2.06-acre lot. Units range from a minimum of 818 square feet to a maximum contiguous space of 2,675 square feet, with the potential for expansion up to 5,988 square feet. The property is situated in Baldwin County and was newly constructed in 2025, ensuring modern amenities and efficient layouts. Each unit includes a dedicated restroom, a significant advantage for tenants. Suite 104 offers the unique benefit of dual access, from Fairhope Avenue and Portico Street, providing excellent visibility and convenient access. The entire 24,759 square feet is currently vacant, presenting a rare opportunity for businesses seeking a prominent location in a thriving community. This turnkey property is ready for immediate occupancy, offering a seamless transition for new tenants. The property's prime location and modern design make it an ideal investment for a variety of retail and restaurant concepts.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8984
    Latitude
    30.5233

    Comparable in this City

    • Value Estimation by Request
      2,500 SF

      281 Eastern Shore Shopping Ctr

      Restaurants • 2,500 SF
      281 Eastern Shore Shopping Ctr, Fairhope, AL 36532
      View Details
    • Value Estimation by Request
      85,529 SF

      320 Eastern Shore Shopping Ctr

      Restaurants • 85,529 SF
      320 Eastern Shore Shopping Ctr, Fairhope, AL 36532
      View Details
    • Value Estimation by Request
      6,720 SF

      9115 Us-98

      Restaurants • 6,720 SF
      9115 Us-98, Fairhope, AL 36532
      View Details
    • Value Estimation by Request
      22,500 SF

      Greeno Rd

      Restaurants • 22,500 SF
      0 Greeno Rd, Fairhope, AL 36532
      View Details
    • Value Estimation by Request
      419 SF

      Hollowbrook Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 419 SF
      Hollowbrook Ave, Fairhope, AL 36532
      View Details
    • Value Estimation by Request
      1,440 SF

      Johnson Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,440 SF
      Johnson Ave, Fairhope, AL 36532
      View Details

    Similar Nearby for Sale

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      Thriving restaurant, prime Fairhope location. High traffic, strong sales.
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      Fairhope Laundromat - High Demand!

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    Similar Nearby for Lease

    • $36 SF/Yr
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      Downtown Fairhope Office Space

      Prime Fairhope location, flexible suites available
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    • $28 SF/Yr
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      Fairhope Retail Center Opportunity

      Prime Fairhope location, flexible space available
      320 Eastern Shore Shopping Ctr, Fairhope, AL 36532
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    • $39 SF/Yr
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      Fairhope Retail Center: Prime Location

      New Mixed-Use Retail Space Available
      557-559 Fairhope Ave, Fairhope, AL 36532
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    • $1.60 SF/Yr
      22,500 SF

      US 98 Prime Retail Ground Lease

      High-traffic location, build-to-suit opportunity.
      0 Greeno Rd, Fairhope, AL 36532
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    • $3,500 /Mo
      22,500 SF

      High Traffic Area Ground Lease

      Ground lease opportunity in high-traffic area suitable for various businesses.
      355 S Greeno Rd, Fairhope, AL 36532
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    • $29 SF/Yr
      1,665 SF

      Fairhope Retail Space: Prime Location

      High-traffic retail space, NNN lease. Excellent Fairhope visibility.
      19690 Greeno Rd, Bal, AL 36532
      View Details
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    557-559 Fairhope Ave
    Fairhope, AL 36532
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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