You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

361 Commercial Park Dr Fairhope, AL 36532-1912

5,375 SF 0.36 ac lot Built 1995
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US03-0704765
Property summary
AI-generated overview

This exceptional 5,200-square-foot industrial/flex space at 361 Commercial Park Drive in Fairhope, Alabama, presents a unique opportunity. The property, built in 1995 and extensively renovated in 2024, offers a single-tenant occupancy in a one-story building. Currently, 2,600 square feet are available for lease. The space features a combination of office and warehouse areas, including a 1,680-square-foot showroom and a 1,025-square-foot warehouse, both climate-controlled. The building boasts convenient front and rear entry points. The property sits on a sizable lot measuring approximately 110 feet by 171 feet, with the building itself estimated at 80 feet wide by 66 feet deep. Ample parking is provided with eight spaces. The property is zoned M-1 LIGHT INDUSTRIAL, making it ideal for a variety of uses. Annual property taxes are $1,515.24, and annual insurance premiums are $1,080.07. The monthly base rent is $2,762, with additional monthly charges of $225 for CAM, $156 for taxes, and $107 for insurance, totaling $3,250 per month. The property's PPIN number is 63673. This is a prime location in Fairhope, Alabama, with the zip code 36532.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1995
Total area 5,375 SF
Lot 0.36 ac (15,682 SF)
APN 46-04-20-1-000-002.005
UPID US03-0704765
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Clear Image Glass, LLC Hardware & Home Improvement Home Decor Store
  • Mattress Today Fairhope - BY APPOINTMENT ONLY Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Not Available From The Data Source · 4 yrs held
Not Available From The Data Source
since 2022
Last sale
$43,000
7 recorded transactions
2023
Price N/A
2022
$1.1M
2022
$43,000
2021
$200,000
2018
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 361 Commercial Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message