19205 State Highway 181 - Office FOR SALE


Fairhope, AL 36532
$875,000 USD
251-583-8968
19205 State Highway 181, Fairhope, AL for Sale
$875,000 USD
Office - FOR SALE
1/46
null | Request Cap Rate

May '26


19205 State Highway 181
Fairhope, AL 36532


HIGHLIGHTS

  • Heavy traffic area
  • Office with rental house
  • Acreage along Highway 181

OVERVIEW

RARE MIXED USE PARCELS ON HWY 181 NEAR WALMART in Fairhope, Alabama. Totaling ±1.6 acres, this income producing property is comprised of two Lots. Parcel A has 120 ft. of frontage along Hwy 181. Parcel B in the rear is approximately 1.06 acres. Each parcel has its own building (front currently used as professional office with rear building rented residentially). The property is zoned Limited Business (LB) by the County offering a wide variety of future development options, income, and upside being located on one of the fastest growing corridors in Baldwin County. Front Parcel (±0.5 Acres | PPIN 14433): Improved with a ±1,167 SF commercial office ideal for owner-users or immediate leasing. It is currently used as a professional office. Back Parcel (±1.1 Acres | PPIN 369899): Features a ±1,678 SF building currently rented residentially. It can easily be converted to commercial office use or used as a personal residence. Approximately .75 acres of unused Land behind Rental (back parcel): Previously occupied by two mobile homes for additional income. The utility connections for these mobile homes remain in place for possible future connection. Contact service providers below: The existing buildings offer immediate income with estimated rents of approximately $2,500/month (office) and $2,000/month (rental). That rear land offers a variety of mixed use development opportunities to fit your specific needs. (no drive-thru). Buyer responsible for its own due diligence concerning development/reconfiguration possibilities. Utilities & Infrastructure: Power: Baldwin EMC Water: Fairhope Utilities (4 meters total: office, rental, and 2 connections servicing rear land) Septic: 4 total systems (1 office, 1 rental, 2 rear land) Internet: AT&T servicing front parcel; Comcast available at rear parcel Gas: No gas utilities currently in place

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$752 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

RARE MIXED USE PARCELS ON HWY 181 NEAR WALMAR

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

LB

APN/PARCEL ID

46-05-22-0-000-001.860

ASK ABOUT THIS PROPERTY

Sandy WiseWise Living Real EstateMore Info
251-583-8968

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sandy WiseWise Living Real EstateMore Info
251-583-8968

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.