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    Property profile & analytics

    321 Greeno S Rd Fairhope, AL 36532-1919

    • Drive through restaurants
    • 2,407 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Last Sale
    Mar 12, 2025
    Location Intelligence
    Property ID
    US03-1288159
    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

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 321 Greeno S Rd

    Year built
    1995
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.72 lot acres
    Property size
    2,407 SF
    Property type
    Drive through restaurants
    APN
    46-05-16-0-000-028.733
    APU
    4605160000028733

    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
    -87.8856
    Latitude
    30.518
    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
    $9,418
    $110,560
    $94,180
    $204,740
    -
    $552,800
    $470,900
    $1,023,700

    Comparable in this City

    • Value Estimation by Request
      411 SF

      18974 Section St

      DRIVE-THRU RESTAURANT, FAST FOOD • 411 SF
      18974 Section St, Fairhope, AL 36532-5209
      View Details
    • Value Estimation
      $495,000
      3,005 SF

      19755 Greeno Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,005 SF
      19755 Greeno Rd, Fairhope, AL 36532-3843
      View Details
    • Value Estimation
      $2,180,000
      4,079 SF

      51 Greeno N Rd, Unit 3

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,079 SF
      51 Greeno N Rd, Fairhope, AL 36532-7314
      View Details
    • Value Estimation
      $305,000
      2,603 SF

      19070 Greeno Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,603 SF
      19070 Greeno Rd, Fairhope, AL 36532-3864
      View Details
    • Value Estimation by Request
      160 SF

      9946 County Rd 32

      DRIVE-THRU RESTAURANT, FAST FOOD • 160 SF
      9946 County Rd 32, Fairhope, AL 36532-5078
      View Details
    • Value Estimation
      $575,000
      3,094 SF

      111 Greeno N Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,094 SF
      111 Greeno N Rd, Fairhope, AL 36532-2911
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      85,529 SF

      Fairhope Retail Center Opportunity

      Prime Fairhope location, flexible space available
      320 Eastern Shore Shopping Ctr, Fairhope, AL 36532
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      Downtown Fairhope Office Space

      Prime Fairhope location, flexible suites available
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    • $1.60 SF/Yr
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      US 98 Prime Retail Ground Lease

      High-traffic location, build-to-suit opportunity.
      0 Greeno Rd, Fairhope, AL 36532
      View Details
    • $3,500 /Mo
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      High Traffic Area Ground Lease

      Ground lease opportunity in high-traffic area suitable for various businesses.
      355 S Greeno Rd, Fairhope, AL 36532
      View Details
    • $8,900 /Mo
      3,080 SF

      Downtown Fairhope Restaurant Space

      Prime restaurant space in the heart of downtown Fairhope.
      61 N Section St, Fairhope, AL 36532
      View Details

    Property Visit Statistics

    • Visits by month
      17.1k
    • Visitors by month
      7.7k
    • Avg Time on site
      14 min
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    321 Greeno S Rd
    Fairhope, AL 36532-1919
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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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