If you’re searching for a smart place to grow your portfolio, look no further than Fairhope, Alabama—a charming Gulf Coast gem with serious commercial real estate momentum. From the walkable downtown district to high-traffic corridors and new developments springing up all over Baldwin County, Fairhope is quickly gaining attention as a prime location for business real estate and investment properties.
Let’s take a closer look at why Fairhope business real estate is heating up—and why savvy investors are getting in now.
A Booming Local Economy with Room to Grow
Fairhope may be known for its small-town charm and beautiful bluff views, but make no mistake—this is no sleepy coastal town. The area has experienced rapid population and economic growth over the past decade, with a steady influx of new residents, entrepreneurs, and developers. According to the U.S. Census, Baldwin County is one of the fastest-growing counties in Alabama, and Fairhope is right at the center of it all.
This growth means increased demand for retail, office, and mixed-use spaces, making now the perfect time to secure a strategic piece of commercial property before prices climb further.
Fairhope is at the heart of Baldwin County, which has seen remarkable economic expansion. In 2024, Baldwin County attracted $1.8 billion in capital investment, reflecting the area’s robust economic health. Additionally, the county led Alabama with a 36.3% growth in compensation over a five-year period.
The Daphne-Fairhope-Foley Metropolitan Statistical Area (MSA) has also demonstrated impressive growth, with its Gross Domestic Product (GDP) increasing from $8.77 billion in 2020 to $12.07 billion in 2023.
Prime Location + Southern Charm = Investment Gold
Fairhope offers a rare combination: strategic location and undeniable charm. It’s just minutes from major highways, 45 minutes from Mobile, and less than two hours from Pensacola and Gulf Shores. That makes it an ideal hub for regional businesses—and a destination that both locals and visitors love.
From quaint downtown storefronts to newer commercial parks near Highway 98, Fairhope commercial real estate offers a wide range of opportunities to match your investment goals.
Strong Business Climate with Local Support
Fairhope’s pro-business attitude and supportive community make it easy for investors and entrepreneurs to thrive. With a high quality of life, low crime, excellent schools, and an engaged Chamber of Commerce, the area continues to attract high-income residents and small business startups.
Plus, the City of Fairhope is thoughtful about development, meaning your investment is protected by smart zoning, long-term planning, and a loyal local customer base.
What Kind of Investment Properties Are Hot Right Now?
Looking for ideas? These types of investment properties in Fairhope are especially popular right now:
- Retail storefronts in walkable downtown areas
- Office buildings or coworking spaces for remote-friendly professionals
- Mixed-use buildings with rental apartments above ground-floor businesses
- Medical or wellness spaces to meet growing healthcare demand
- Restaurant-ready spaces with built-in foot traffic
Whether you’re an experienced investor or just getting started, there’s a commercial opportunity in Fairhope that fits your vision.
Real Estate Market Trends
The real estate market in Fairhope reflects its economic vitality. As of February 2025, the median home sold price was $496,547, marking an 8.2% increase from the previous year, with a median price per square foot of $211. Homes spent a median of 86 days on the market, indicating steady demand.
Commercial real estate is also thriving. The Alabama Commercial Real Estate Index (CREI™) reached 60.3 in the first quarter of 2025, the highest since its inception, signaling strong confidence in market expansion.
Ready to Start Investing in Fairhope?
At Ashurst Niemeyer Real Estate, we live and work in Baldwin County, and we know how to spot great opportunities before they hit the mainstream. Our team specializes in Fairhope business real estate and investment properties that offer strong ROI, long-term value, and the kind of charm and character you just can’t find everywhere. As an added bonus, our sister company Level Property Management Group can help you get the best return on your investment.
If you’re ready to make your next smart move, let’s talk. The Fairhope commercial market is heating up—and now’s the time to get in on it.
👉 Contact us today to schedule a tour or explore current investment listings. 251.928.9265
Notes/Resources: The information provided reflects data available as of March 27, 2025. For the most current market insights, please consult with our team directly. baldwineda.comJon Kohler & Associates, Bureau of Labor Statistics+3FRED+3baldwineda.com+3, Rocket – Help Everyone Homegobellator.com+2FRED+2Movoto Real Estate+2, ACRE – Alabama Center for Real Estate
