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Financial
Distress signals
Property profile

22886 Us Highway 98 Fairhope, AL 36532

FOR SALE
Retail space
Property ID
US03-0405835
3,960 SF 0.3 ac lot Built 1977
Last sale Apr 2026 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This flex-style office/warehouse property provides approximately 6,100 square feet configured for combined work and office use. The building is designed to support operations requiring both functional warehouse space and dedicated administrative or staff office space within the same facility. It is located on U.S. Highway 98 in Fairhope, featuring highway frontage that supports direct roadway access for employees, customers, and vendors. The property’s office/warehouse configuration is suited…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$63k
Assessed land$38k
Assessed improvement$25k
Effective rate3.10%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$315k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 4.54% cap applied$39k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$168/SF
County average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$84 – $269
Qualifying comparables6

Cap rate analysis

How does the asset earn?
4.54%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.5
Restaurant11.7
HVAC Service10.6

Location

22886 Us Highway 98 Fairhope, AL 36532
County assessor Recorded deeds · 4 transfers 6 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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
9990 Fairhope, Fairhope, AL 36532-4204 $2,500,000 Nov 2022 3,046 SF
505 Section, Fairhope, AL 36532-2615 $740,000 Apr 2022 4,259 SF
13982 Greeno, Fairhope, AL 36532 $110,000 Nov 2019 4,638 SF
22806 Us Hwy 98, Fairhope, AL 36532-3328 $126,500 Oct 2018 3,624 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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