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Financial
Distress signals
Property profile

304 Greeno Rd Fairhope, AL 36532

FOR SALE
Commercial land
Property ID
US03-0437953
0.84 ac lot
Last sale Nov 2022 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 0.34-acre vacant commercial lot located at 304 Greeno Road in Fairhope, Alabama, with more than 100 feet of road frontage on US Hwy 98. It is zoned B-2 (General Business) and is suited for a range of commercial uses, including office, retail, and service-based operations. The lot has level topography suitable for construction, and public utilities are available at the street. The site is located within minutes of downtown Fairhope and is surrounded by existing businesses.

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?
$5k
Tax billed · 2023
Assessed value$116k
Assessed land$116k
Effective rate4.60%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$345k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$165/SF
County average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$73 – $309

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 Shop20.5
Building Supply17.7
Wholesale Shop14.2

Location

304 Greeno Rd Fairhope, AL 36532
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Nichols, Fairhope, AL 36532 $293,000 Jun 2025 No data
Rock Crk, Fairhope, AL 36532 $150,000 Apr 2025 No data
18968 Greeno, Fairhope, AL 36532 $4,050,000 Sep 2024 No data
16904 Teresa, Fairhope, AL 36532-6295 $100,000 May 2024 No data
16942 Teresa, Fairhope, AL 36532-6570 $140,000 May 2024 No data
1050 Fairhope, Fairhope, AL 36532-3600 $300,000 Nov 2023 No data
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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