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Highway 104 2.1 Acres of Commercial Land Offered at $1,375,000 in Fairhope, AL 36532
INVESTMENT HIGHLIGHTS
- 2.10 +/- Acres of Land (150ft x 610ft)
- Located in the Fastest Growing County in the State of Alabama
- Adjacent to Encounter Development, Rockwell Development, Publix Supermarket and USA Medical Campus
EXECUTIVE SUMMARY
Herrington Realty is pleased to present an exclusive opportunity to purchase 2.10 +/- acres of land in Fairhope, Alabama. The property has 150 feet of commercial frontage on Highway 104 with 610 feet of depth. The property is surrounded by new construction projects in the growing Fairhope market such as: Publix Supermarket, Wawa, Sherwin Williams, Waffle House, USA Health Campus, a 230-unit apartment complex and a 375-lot subdivision as well as many other projects. This corridor is considered a major retail corridor for the city of Fairhope and further development will only continue in this trade area. Fairhope is a vibrant city renowned for its high quality of life and dynamic local economy, frequently celebrated by Southern Living magazine as one of the top small towns in the South for its coastal charm, thriving arts community, and spirited community events. With a growing population and rising retail sales, Fairhope has become home to some of the most sought-after property in the entire state which makes this offering a prime opportunity for investors looking to enter one of the fastest growing markets in the state of Alabama.
PROPERTY FACTS
| Price | $1,375,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.10 AC |
| Property Type | Land | Cross Streets | Highway 181 |
| Zoning | none | ||
| Price | $1,375,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.10 AC |
| Cross Streets | Highway 181 |
| Zoning | none |
1 LOT AVAILABLE
Lot
| Price | $1,375,000 | Lot Size | 2.10 AC |
| Price Per AC | $654,761.90 |
| Price | $1,375,000 |
| Price Per AC | $654,761.90 |
| Lot Size | 2.10 AC |
150ft of frontage, 610ft of depth
1 1
PROPERTY TAXES
| Parcel Number | 46-01-02-0-000-001.513 | Improvements Assessment | $0 |
| Land Assessment | $10,300 | Total Assessment | $10,300 |
PROPERTY TAXES
Parcel Number
46-01-02-0-000-001.513
Land Assessment
$10,300
Improvements Assessment
$0
Total Assessment
$10,300
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Highway 104
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