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19680 State Highway 181 2,890 SF 100% Leased Office Building Fairhope, AL 36532 $825,000 ($285.47/SF)
Investment Highlights
- Heavy traffic area
- 1200 sq ft utility building
- Small scale home/office structure
Executive Summary
For Sale | ±2.0 Acre Commercial Opportunity | Fairhope, Alabama. Positioned along a growing corridor in Fairhope, this ±2.0 acre property offers a unique opportunity for investors, owner-users, or future development. The site is zoned B-1 (Local Shopping District / Neighborhood Business District), allowing for a variety of small-scale retail, office, and service-oriented uses. The property includes a total of ±2,890 SF of improvements, consisting of a ±1,690 SF home/office structure and a ±1,200 SF utility building. The flexible layout provides immediate usability with additional upside for future redevelopment or expansion.**Property Highlights**• Lot Size: ±86,250 SF (±2.0 acres)• Frontage: ±150’ x 575’ depth• Zoning: B-1 (Local Shopping / Neighborhood Business District)• Total Building Area: ±2,890 SF - ±1,690 SF home/office - ±1,200 SF utility building• Utilities: Fairhope Utilities (water), Baldwin EMC (electric)**Financial Overview**• Asking Price: $825,000• Price Per SF (Buildings): ~$285.00/SF• Price Per SF (Land): ~$9.56/SF• Annual Property Taxes: ~$1,634This property presents a strong opportunity with existing improvements in place and ample land for additional structures or redevelopment, subject to zoning allowances. Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,890 SF
Year Built
1974
Price
$825,000
Price Per SF
$285.47
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
2,890 SF
Zoning
B1 - Local Shopping / Neighborhood Business District
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 46-06-23-0-000-018.000 | Improvements Assessment | $24,680 |
| Land Assessment | $27,720 | Total Assessment | $52,400 |
Property Taxes
Parcel Number
46-06-23-0-000-018.000
Land Assessment
$27,720
Improvements Assessment
$24,680
Total Assessment
$52,400
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19680 State Highway 181
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