Park Place on Greeno Lot #15

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30185608
Property Subtypes: Mixed Use, Retail-Pad
Building Status: Proposed
Building Size (RSF): 2,925 SF
Gross Building Area: 1,950 SF
Gross Land Area: 1,950 SF
Sale Price: $200,000
Unit Price: $68.38 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Building 15
Usable Size (USF): 2,925 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/2/2018

Overview / Comments

Park Place on Greeno is a one of a kind development opportunity in beautiful Fairhope, AL. Situated on nearly 1000 feet of US Highway 98 (Greeno Rd) frontage, access and visibility are unparalleled. With over 5 acres of land, 60,000 square feet of total building area, and up to three stories allowed, the possibilities are endless. Uses include Restaurants, Professional Office, Medical Office, Retail, and Residential. Developer installed infrastructure, from courtyards to parking, make this opportunity a true pad ready build site. A total of twenty building sites are available. Sites range from 1,400 to over 6,000 SF, with the option of going vertical for more building space. Contact Bowen Weir with White-Spunner Realty - Eastern Shore, for more information. 251-270-9099 or 251-301-0293

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-46-03-39-0-001-009.000
Zoning: PLANNED UNIT DEVELOPMENT (PUD)
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: AL-104 and Volanta Ave
Property Visibility: Excellent
Largest Nearby Street: US Highway 98 (Greeno Rd)
Feet of Frontage: 952
Traffic/Vehicle Count: 27,120
Highway Access: One full movement access cut onto US Highway 98 (Greeno Rd) as well as one right in-right out access cut onto US Highway 98 (Greeno Rd). I-10 is approximately 8 miles north of the site.
Airports: Fairhope Municipal Airport- 5.5 Miles - Mobile Regional Airport- 34 Miles - Pensacola Regional Airport- 55 Miles
Site Description: +/- 5.27 acres fronting US Highway 98 (Greeno Rd)
Area Description: Fairhope, AL is situated on the eastern shore of Mobile bay, between Daphne and Point Clear, home of the Grand Hotel. It was named best small town by Southern Living in 2016. The Fairhope Pier, along with many restaurants and small shops, highlight the family friendly downtown atmosphere.
Tenancy: Multiple Tenants
Total Number of Buildings: 20
Number of Stories: 3
Total Parking Spaces: 201
Parking Type: Surface
Zoning Description: PUD. Commercial and Residential.
Part of Planned Development?: Yes
Lot Frontage: 952
Lot Depth: varied
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,230 20,899 33,469
Median Age: 49.32 43.86 43.77
Households: 1,984 8,667 13,693
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