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    Property profile & analytics

    20489 State Hwy 181 Fairhope, AL 36532-4369

    • Investment properties
    • 2,459 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Jan 10, 2023
    Location Intelligence
    Property ID
    US03-2880907
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 20489 State Hwy 181

    Year built
    1991
    Construction
    WOOD
    Lot size
    0.46 lot acres
    Property size
    2,459 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    46-05-15-0-000-003.584
    APU
    4605150000003584

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8529
    Latitude
    30.5229
    CBSA code
    19300
    CBSA name
    DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,752
    $31,840
    $27,980
    $59,820
    -
    $159,200
    $139,900
    $299,100

    Comparable in this City

    • Value Estimation
      $490,000
      12,456 SF

      31 Section St

      STORE/OFFICE (MIXED USE) • 12,456 SF
      31 Section St, Fairhope, AL 36532-2206
      View Details
    • Value Estimation
      $370,000
      2,853 SF

      328 De La Mare Ave

      STORE/OFFICE (MIXED USE) • 2,853 SF
      328 De La Mare Ave, Fairhope, AL 36532-2311
      View Details
    • Value Estimation
      $485,000
      9,126 SF

      398 Fairhope Ave

      STORE/OFFICE (MIXED USE) • 9,126 SF
      398 Fairhope Ave, Fairhope, AL 36532-2318
      View Details
    • Value Estimation
      $370,000
      3,116 SF

      510 Fairhope Ave

      STORE/OFFICE (MIXED USE) • 3,116 SF
      510 Fairhope Ave, Fairhope, AL 36532-2112
      View Details
    • Value Estimation
      $330,000
      2,501 SF

      212 Fairhope Ave

      STORE/OFFICE (MIXED USE) • 2,501 SF
      212 Fairhope Ave, Fairhope, AL 36532-2316
      View Details
    • Value Estimation
      $305,000
      1,145 SF

      302 Magnolia Ave

      STORE/OFFICE (MIXED USE) • 1,145 SF
      302 Magnolia Ave, Fairhope, AL 36532-2414
      View Details

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      Fairhope Mixed-Use Development Opportunity

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    Similar Nearby for Lease

    • $32 SF/Yr
      2,886 SF

      Fairhope Office Space Available

      Downtown Fairhope office, 2886 sq ft, modified gross lease.
      300 Magnolia Ave, Fairhope, AL 36532
      View Details
    • $3,250 /Mo
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      Fairhope Retail Space Available

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      View Details
    • $5 SF/Yr
      17,500 SF

      Fairhope Industrial Space For Lease

      Modern Flex Space, 875 SF Available
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    • $36 SF/Yr
      6,000 SF

      Downtown Fairhope Office Space

      Prime Fairhope location, flexible suites available
      150 Section St, Fairhope, AL 36532
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    • $40 SF/Yr
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      Fairhope Ave Retail Space Available

      1406 SF Retail, NNN Lease, Fairhope, AL
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      1,470 SF

      Fairhope Ave Retail Space Available

      Prime 1,470 SF retail space in Fairhope, AL.
      557 - 559 Fairhope Ave, Fairhope, AL 36532
      View Details
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    Fairhope, AL 36532-4369
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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