19680 State Highway 181 - Office FOR SALE


Fairhope, AL 36532
$825,000 USD
251-583-8968
19680 State Highway 181, Fairhope, AL for Sale
$825,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

19680 State Highway 181
Fairhope, AL 36532


HIGHLIGHTS

  • Heavy traffic area
  • Small scale home/office structure
  • 1200 sq ft utility building

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$285 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,796 SF

ZONING

B1

APN/PARCEL ID

46-06-23-0-000-018.000

ASK ABOUT THIS PROPERTY

Sandy WiseWise Living Real EstateMore Info
251-583-8968

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Sandy WiseWise Living Real EstateMore Info
251-583-8968

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