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Property profile & analytics
OFF-MARKET
Land

0 Hoyle Ave Fairhope, AL 36532

Property ID
Property summary
AI-generated overview

This exceptional .97-acre commercial land parcel presents a unique investment opportunity in the thriving city of Fairhope, Alabama. Located at the Northwest corner of Greeno Road and Hoyle Avenue, this site boasts unparalleled accessibility and visibility. All utilities are readily available, eliminating the need for costly infrastructure development. The property is 100% usable, with no on-site retention required, maximizing buildable area and minimizing upfront costs. Its strategic location offers significant advantages, situated adjacent to The Reserve at Fairhope, a prestigious upscale senior living community. This proximity ensures a steady stream of potential clientele and benefits from the community's established infrastructure. Furthermore, the property is conveniently close to Fairhope's vibrant parks, charming boutiques, and diverse culinary scene, enhancing its appeal and attracting a wide range of potential businesses. Fairhope's remarkable growth trajectory, evidenced by its ranking as the third fastest-growing city in Alabama with 1,108 new residents in 2023, underscores the exceptional investment potential of this site. The surrounding Baldwin County MSA also ranks among the top 10 fastest-growing in the U.S., further solidifying its long-term prospects. With a high daily traffic count of approximately 27,818 vehicles on Greeno Road, this property offers unmatched exposure for any commercial venture. This is an exceptional opportunity to capitalize on Fairhope's dynamic growth and establish a thriving business in a highly desirable location.

Property profile
Verified
Property type Land
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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