Al-181 Fairhope, AL 36532
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Al-181
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional commercial land offering presents a rare opportunity to acquire up to 16+/- acres in the thriving Fairhope, Alabama market. Situated at the highly coveted intersection of State Highway 181 and State Highway 104, this property benefits from unparalleled visibility and accessibility. The seller is willing to work with buyers on parcel size, allowing for flexibility in development plans. The location is strategically positioned across from a recently opened Publix Supermarket and the new USA Medical Campus, and adjacent to a 230-unit multifamily development. This prime corner lot is part of a rapidly expanding retail corridor, recognized by the city as a major commercial hub. Baldwin County has experienced significant growth, with a population increase exceeding 55% since 2010, fueling demand for commercial space. Fairhope itself has seen substantial investment in infrastructure, including road improvements and public facilities, alongside a revitalized downtown area. Highway 181 has recently been expanded to four lanes, accommodating increased traffic flow. The property's proximity to a new Wawa and other retail outparcels currently being sold further underscores its exceptional potential. Pricing is $13-$15 per square foot, depending on the size of the acquired parcel. This presents a unique opportunity to capitalize on the robust growth and development within one of Alabama's fastest-growing counties. The property's APN is 4601020000001510. The zoning is Commercial.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairhope
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.8492
- Latitude
- 30.5476
