Financial
Distress signals
Property profile

456 Morphy Ave Fairhope, AL 36532

OFF-MARKET
Other retail properties
Property ID
US03-3074095
3,012 SF 0.2 ac lot Built 1990
Last sale Mar 2023 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 0.20-acre vacant lot located at 456 Morphy Avenue in downtown Fairhope. The property is zoned B2 (General Business) within the Central Business District (CBD) overlay. It has city-approved plans prepared by LeBatard Architects for a three-story mixed-use building and includes a completed boundary survey. The site is positioned at the entrance to downtown and is within walking distance of local restaurants, shops, and parks. The property is located in Flood Zone X, outside of mapped flood hazard areas, and is suitable for retail, office, or combined mixed-use development.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$57k
Assessed land$55k
Assessed improvement$2k
Effective rate4.60%

Value estimate

· Sep 2026
$1.74M
$1.56M – $1.91M
AI approach$1.64M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$244/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$104 – $318
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBALDWIN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.1
Parking Facility10.0
Auto Parts Store9.5

Location

456 Morphy Ave Fairhope, AL 36532-1839
County assessor Recorded deeds · 5 transfers 11 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
308 Morphy, Fairhope, AL 36532-2326 $550,000 Feb 2026 2,700 SF
505 Fairhope, Fairhope, AL 36532-2111 $1,500,000 May 2024 3,139 SF
22772 Us Hwy 98, Fairhope, AL 36532-6372 $3,000,000 Feb 2024 3,408 SF
19570 County Rd 33, Fairhope, AL 36532-4962 $700,000 Apr 2023 2,411 SF
16965 Teresa, Fairhope, AL 36532-6292 $570,000 Apr 2023 3,240 SF
9990 Fairhope, Fairhope, AL 36532-4204 $2,500,000 Nov 2022 3,046 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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