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Property profile & analytics
OFF-MARKET
Land

32 Co Rd Fairhope, AL 36532

0.64 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.64-acre parcel of land presents a unique opportunity in the thriving Fairhope, Alabama market. Priced at $165,000, this fee simple ownership offers significant potential for development. Situated in Baldwin County, at the intersection of Scenic Highway 98 and County Road 32, this property boasts convenient access to amenities and boasts utilities already on-site. The ideal use for this land is a single-family residential home, capitalizing on Fairhope's remarkable growth and desirability. Fairhope, located along the picturesque Mobile Bay shoreline, has experienced a significant transformation over the past decade, evolving from a charming arts community into a bustling and sought-after area. Its blend of Southern charm, artistic flair, and natural beauty continues to attract residents and visitors alike. This property's location within one of Alabama's fastest-growing counties ensures strong potential for appreciation and return on investment. The property's APN is 05-56-03-31-0-000-015.001 and the zip code is 36532. Don't miss this chance to build your dream home in this highly coveted location. This is a rare opportunity to own a piece of Fairhope's vibrant future.

Property profile
Verified
Property type Land
Lot 0.64 ac (27,878 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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