32 Co Rd Fairhope, AL 36532
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.