Commercial Property On 181 & Fairhope Ave.

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30750641
Property Subtypes: Retail, Retail-Pad
Status: Pending
Gross Land Area: 10.25 Acres
Sale Price: $1,495,000
Unit Price: $145,853 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2021

Overview / Comments

+-10 acres located on Highway 181 in Fairhope, AL. This property is located directly across the street from the Walmart Supercenter in Fairhope, AL and is on one of the major highways in Baldwin County. This property is just due south of the new Gayfer Village multi-family/commercial development.

Located at a lighted intersection the access from Highway 181 is fantastic and provides tremendous visibility. There is already a PUD approved by the City for a commercial development for this site with the uses including retail.

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Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-46-05-15-0-000-003.800
Property Visibility: Excellent
Highway Access: Yes Highway 181
Lot Frontage: 1250 Feet
Lot Depth: 362 Feet
Part of Planned Development?: Yes
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,222 37,706
Median Age: 43.75 42.66
Households: 7,287 14,976

Contact

Photograph of Listing Agent

Tim Herrington

Herrington Realty, Inc. Gulf Coast CMLS Member
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