Fairhope Office/Warehouse

Industrial for Sale
Catylist Listing ID: 30004225
Property Subtypes: Manufacturing, Mixed Use, Light Industrial, Office Showroom
Building Size (RSF): 10,820 SF
Gross Land Area: 3 Acres
Sale Price: $1,100,000
Unit Price: $101.66 PSF
Docks/Doors: 2 Doors
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2017

Overview / Comments

3 level acres on Hwy 181 with 2 buildings totaling 10,820sf. Building 1 is 7,540sf Metal Building with office, bathrooms, 3 grade drive in doors and exterior storage room - was previously used as Granite Fabrication Shop. Building 2 is 3,280sf CMU Block building with restrooms, recent metal roof and exterior paint. Is currently in state of renovation on interior. Over 1 acre of vacant land on corner. Consists of 3 tax parcels. Building 1 built 1997 Building 2 built 1968 and updated in 1993 according to tax records. Buyer to verify Road frontage on Hwy 181 and CR 34.
Located on the corner of AL Hwy 181 and CR 34 in Fairhope, AL. Traffic counts of 11,140 VPD on 181.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 263080
Property Located Between: Corner of AL Hwy 181 and County Rd 34 in Fairhope
Highway Access: State Highway 181 runs north to I-10
Airports: Small municipal
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 1993
Year Renovated: 1997
Roof Type: Other
Construction/Siding: Aluminum Siding, Block
Parking Type: Other
Parking Description: Gravel Lot
Zoning Description: Unzoned County
Lot Frontage: 151.6
Lot Depth: 327.6 Irr
Legal Description: Multiple lots. Located on corner 630 ft of combined road frontage

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,603 15,442 29,664
Median Age: 38.85 44.4 43.78
Households: 592 6,557 12,349


Photograph of Listing Agent

David Milstead

Bellator Commercial Gulf Coast CMLS Member
Photograph of Listing Agent

Jeremy Friedman

Bellator Commercial Gulf Coast CMLS Member
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