Hwy 181 & 104 Fairhope, AL 36532
Herrington Realty is excited to offer you the opportunity to acquire an outparcel lot situated at one of Baldwin County's most coveted intersections. This remarkable property spans approximately 34 acres and features 6-8 available outparcels. It enjoys a prime location on the northeast corner of State Highway 181 and State Highway 104, directly across from a recently opened Publix Supermarket, the new USA Medical Campus, and adjacent to a 230-unit multifamily subdivision. With the exceptional development in the surrounding area and the city's recognition of this intersection as a major retail corridor, this property undeniably stands out as the most sought-after corner in all of Baldwin County. Brokers within Herringon Realty are owners in the property.
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
Similar Nearby for Lease
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.