806 Greeno Rd Fairhope, AL 36532
- Commercial land
- 3.70 lot acres
Current Use by Public Records
- Commercial land
Property Details for 806 Greeno Rd
- Year built
- 2007
- Lot size
- 3.70 lot acres
- Property type
- Commercial land
- APN
- 46-03-39-0-001-009
- APU
- 4603390001009
Description
This exceptional 5.27-acre commercial land parcel, located at 806 Greeno Rd in Fairhope, Alabama (zip code 36532), presents a unique investment opportunity. Situated on US Highway 98, this PUD-zoned property boasts over 740 feet of frontage, ensuring high visibility and accessibility. The site is ideally positioned across from the Fairhope Recreation Center and a new senior living development, guaranteeing a strong and growing surrounding community. Approved for a total of 60,000 square feet of mixed-use development, this property offers flexibility for a variety of commercial uses, including retail, restaurants, and office spaces. Current building footprint options range from 2,060 to 12,345 square feet, with modifications possible to suit specific needs. Parking is planned at a ratio of one space per 300 square feet. The asking price is $2,600,000, translating to approximately $493,359 per acre. This prime location in Baldwin County, Alabama's fastest-growing county, offers unparalleled potential for significant return on investment. The list price per square foot is $11.33. Don't miss this chance to secure a prominent position in a thriving community.
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
- -87.8865
- Latitude
- 30.5402
- CBSA code
- 19300
- CBSA name
- DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
