Greeno Rd Fairhope, AL 36532
- Retail properties
- 22,500 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Greeno Rd
- Year built
- 1980
- Property size
- 22,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 19,630 sq ft lot, zoned B2, presents a rare ground lease opportunity on heavily trafficked US 98/Greeno Road in Baldwin County. The property features a single-story, 22,500 sq ft vacant building, previously used as a coin-operated car wash, offering significant potential for redevelopment. The existing metal frame structure provides a solid foundation for a variety of uses, including a coffee shop, fast-food restaurant, or other quick-service establishment. The site boasts ample parking with 10 spaces and benefits from its proximity to an existing gas station and restaurant, owned by the lessor, ensuring high visibility and foot traffic. Built in 1980, this property is ready for a complete transformation. The lessor is not interested in selling but is open to negotiating a long-term ground lease and will consider build-to-suit options. The APN is 05-46-05-21-0-000-010.026. This is an unparalleled chance to establish a thriving business in a prime commercial location. Don't miss this opportunity to secure a prominent position on one of the busiest roads in the area.
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
- -87.8859
- Latitude
- 30.5158
