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    For Sale (40)

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    Water View Land with Boat
    $220,000

    Water View Land with Boat

    Land with boat slip in Sunset Bay at Bon Secour.

    Tristen Ln, Gulf Shores, AL 36542
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    Bon Secour Bay Frontage Land
    $848,800
    3.40 Acres

    Bon Secour Bay Frontage Land

    3+ acre bayfront property near Gulf Shores dining and beaches.

    000 State Highway 180, Gulf Shores, AL 36542
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    Residential Lot in Orange Beach
    $234,000
    0.58 Acres

    Residential Lot in Orange Beach

    Residential lot in a desirable Orange Beach neighborhood.

    4639 Regatta Ln, Orange Beach, AL 36561
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    Residential Lot in Holiday Harbor
    $229,000
    0.19 Acres

    Residential Lot in Holiday Harbor

    0.19-acre residential lot near Intracoastal Waterway in Perdido Key.

    14000 Waterview Dr, Perdido Key, FL 32507
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    Orange Beach Canal Front Lot
    $1,099,000
    0.58 Acres

    Orange Beach Canal Front Lot

    Large canal-front lot with boat house in Orange Beach.

    26579 Marina Rd, Orange Beach, AL 36561
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    Waterfront Land on Oyster Bay
    $2,000,000
    16.00 Acres

    Waterfront Land on Oyster Bay

    16-acre waterfront property with redevelopment potential in Gulf Shores, AL.

    17344 Oyster Bay Rd, Gulf Shores, AL 36542
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    Residential Lot in Lake Raynagua
    $48,000
    0.40 Acres

    Residential Lot in Lake Raynagua

    Residential lot in Loxley, AL, ready for your dream home.

    Camelot Ct, Loxley, AL 36551
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    Pensacola Land, No HOA
    $115,000
    0.25 Acres

    Pensacola Land, No HOA

    Lot to build your dream home near Perdido Key beaches.

    Renee Ter, Pensacola, FL 32507
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    Residential Lots in Orange Beach
    $600,000
    0.46 Acres

    Residential Lots in Orange Beach

    Double lot suitable for building a dream home or investment property.

    26313 Cotton Bayou Dr, Orange Beach, AL 36561
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    Development Opportunity in Robertsdale, AL
    $200,000
    1.03 Acres

    Development Opportunity in Robertsdale, AL

    Large parcel ideal for multi-family or craftsman home development.

    W Hammond St, Robertsdale, AL 36567
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    Spacious Lots in Heritage Farms
    $180,000
    3.06 Acres

    Spacious Lots in Heritage Farms

    Estate-sized lots in Elberta's newest community, Heritage Farms.

    Sunflower Dr, Elberta, AL 36530
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    Spacious Lots in Heritage Farms
    $245,000
    4.37 Acres

    Spacious Lots in Heritage Farms

    Estate-sized lots in Elberta's newest community, ready for your vision.

    Angus Ln, Elberta, AL 36530
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    Spacious Lots in Heritage Farms
    $180,000
    3.07 Acres

    Spacious Lots in Heritage Farms

    Estate-sized lots in Elberta's newest community, Heritage Farms.

    Sunflower Dr, Elberta, AL 36530
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    Beachfront Land in Orange Beach
    $2,999,000
    0.75 Acres

    Beachfront Land in Orange Beach

    Rare beachfront lot with development potential in Orange Beach, AL.

    22764 Perdido Beach Blvd, Orange Beach, AL 36561
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    Foley Multifamily Investment Opportunity
    $1,349,000
    8,468 SF

    Foley Multifamily Investment Opportunity

    Ten remodeled apartment units near Highway 59 in Foley, Alabama.

    606 N Alston St, Foley, AL 36535
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    Waterfront Lot on Bon Secour
    $419,000
    0.49 Acres

    Waterfront Lot on Bon Secour

    Waterfront lot to build your dream home, no HOA.

    9037 State Highway 180, Gulf Shores, AL 36542
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    Beachfront Land in Gulf Shores
    $2,200,000
    0.54 Acres

    Beachfront Land in Gulf Shores

    Prime Gulf Shores beachfront land to build your dream home.

    1825 W Beach Blvd, Gulf Shores, AL 36542
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    Land with Stocked Lakes
    $595,000
    11.00 Acres

    Land with Stocked Lakes

    11-acre property with two stocked lakes and gazebo.

    22210 Pastoral Ln, Foley, AL 36535
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    Expansive Land with River Frontage
    $9,500,000
    306.00 Acres

    Expansive Land with River Frontage

    306-acre property with Fish River frontage in Silverhill, Alabama.

    12960 County Road 48, Silverhill, AL 36576
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    Waterfront Lot on Bon Secour
    $419,000
    0.49 Acres

    Waterfront Lot on Bon Secour

    Waterfront lot to build your dream home, no HOA.

    9037 State Highway 180, Gulf Shores, AL 36542
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    8-Acre Parcel in Elberta, AL
    $299,000
    8.66 Acres

    8-Acre Parcel in Elberta, AL

    8-acre parcel near bay waters and amenities in Elberta, AL.

    County Road 95, Elberta, AL 36530
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    Corner Lot with Beach Access
    $620,000

    Corner Lot with Beach Access

    Vacant corner lot with deeded beach access and views.

    550 Triple Tail Ln, Gulf Shores, AL 36542
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    Residential Lots in Pensacola, FL
    $115,000

    Residential Lots in Pensacola, FL

    Residential lots for sale, ideal for building a dream home.

    Renee Ter, Pensacola, FL 32507
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    Pensacola Residential Lot Opportunity
    $229,000
    0.19 Acres

    Pensacola Residential Lot Opportunity

    Residential lot in Holiday Harbor near Intracoastal Waterway.

    14000 Waterview Dr, Pensacola, FL 32507
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    Perdido Key Gulf Front Lot
    $2,450,000

    Perdido Key Gulf Front Lot

    Direct gulf front lot with plans and permits in hand.

    16000 Perdido Key Dr, Pensacola, FL 32507
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    Waterfront Land with Boathouse
    $1,099,000
    0.58 Acres

    Waterfront Land with Boathouse

    Cleared canal-front lot with boathouse in Orange Beach, AL.

    26579 Marina Rd, Orange Beach, AL 36561
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    Foley Residential Lots Opportunity
    $325,000
    3.81 Acres

    Foley Residential Lots Opportunity

    3.8 acres of opportunity in Foley, Alabama!

    12852 Bodenhamer Rd, Foley, AL 36535
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    Prime Land in Foley, Alabama
    $2,185,000
    115.00 Acres

    Prime Land in Foley, Alabama

    115 acres of land perfect for development or family subdivision.

    County Road 12, Foley, AL 36535
    View details
    Waterfront Lot on Wolf Bay
    $839,000
    0.41 Acres

    Waterfront Lot on Wolf Bay

    Prime waterfront lot on Wolf Bay to build your dream home.

    25525 W Perdido Ave, Orange Beach, AL 36561
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    Prime Land Ready for Development
    $2,185,000

    Prime Land Ready for Development

    115 acres of land ideal for development or subdivision.

    County 12 Rd, Foley, AL
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    Foley Cold Storage Warehouse Space
    $3,700,000
    57,500 SF

    Foley Cold Storage Warehouse Space

    57,000 SF cold storage and warehouse on 40 acres.

    8355 Roy Waters Rd, Foley, AL 36535
    View details
    Land Available in Silverhill, Alabama
    $9,500,000

    Land Available in Silverhill, Alabama

    Land on County Road 48, Silverhill, Alabama for sale.

    12960 County Road 48, Silverhill, AL 36576
    View details
    Commercial Land on Gulf Shores Parkway
    $1,450,000

    Commercial Land on Gulf Shores Parkway

    Prime commercial land available on Gulf Shores Parkway.

    616 Gulf Shores Pkwy, Gulf Shores, AL 36542
    View details
    Permitted Sand Pit Near Foley
    $400,000

    Permitted Sand Pit Near Foley

    20-acre permitted sand pit near Foley, Alabama.

    9765 Kaiser Dr, Foley, AL 36535
    View details
    Foley Multifamily Investment Opportunity
    $1,349,000
    8,468 SF

    Foley Multifamily Investment Opportunity

    Ten remodeled apartment units near Highway 59 in Foley, Alabama.

    606 N Alston St, Foley, AL 36535
    View details
    Waterfront Lot on Bon Secour
    $419,000

    Waterfront Lot on Bon Secour

    Waterfront lot to build your dream home, no HOA.

    9037 State Highway 180, Gulf Shores, AL 36542
    View details
    Rare Beachfront Land in Orange
    $3,500,000

    Rare Beachfront Land in Orange

    Beachfront land with development potential in West Orange Beach.

    22764 Perdido Beach Blvd, Orange Beach, AL 36561
    View details
    Prime Foley Commercial Land Opportunity
    $1,200,000

    Prime Foley Commercial Land Opportunity

    Commercial land in Foley, Alabama, near popular destinations.

    21112 Miflin Rd, Foley, AL 36535
    View details
    Highway 59 Commercial Opportunity
    $2,440,000

    Highway 59 Commercial Opportunity

    Large commercial property with high visibility and development potential.

    14809 State Highway 59, Foley, AL 36535
    View details
    Waterfront Land on Oyster Bay
    $2,000,000

    Waterfront Land on Oyster Bay

    16 acres of waterfront land with redevelopment potential.

    17344 Oyster Bay Rd, Gulf Shores, AL 36542
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    RE/MAX Paradise
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