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    Alla Nikitina, Gulf Shores, AL

    License ID: 0001115900
    Years of Experience
    6

    Service Locations

    Contact details

    Phone:
    (251) 923-6475

    Property Types

    • Land
    • Residential Multi Family

    Performance

    Listings
    30
    Price range
    $95k - 6.5M
    Average price
    $3.3M

    Listings

    For Sale (30)

    View map
    • $129,000
      0.07 Acres

      Improved RV Lot in Foley

      Deeded RV lot with amenities near beaches and attractions.
      21240 Miflin Rd, Foley, AL 36535
      View Details
    • $148,500
      0.06 Acres

      RV Lot in Gated Resort

      Improved RV lot in Foley, near Gulf Shores and Orange Beach.
      3113 Truckster Ln, Foley, AL 36535
      View Details
    • $4,450,000
      448.79 Acres

      445 Acres Robertsdale Land Available

      445 acres of unzoned land, ideal for development or recreation.
      County Road 87, Robertsdale, AL 36567
      View Details
    • $679,000
      3,743 SF

      Historical Six-Plex Near Foley Downtown

      Charming 6-unit building near downtown Foley, fully occupied.
      531 W Laurel Ave, Foley, AL 36535
      View Details
    • $139,900
      2.31 Acres

      Robertsdale Farmland with Owner Financing

      2.31 acres of prime farmland near I-10.
      County Road 87, Robertsdale, AL 36567
      View Details
    • $259,900
      11.27 Acres

      Loxley Land with Owner Financing

      11.27 acre lot in Loxley, owner financing available.
      Phillips Rd, Loxley, AL 36551
      View Details
    • $109,900
      0.07 Acres

      Improved RV Lot For Sale

      Deeded RV lot with amenities near beaches and attractions.
      21240 Miflin Rd, Foley, AL 36535
      View Details
    • $139,900
      0.05 Acres

      Improved RV Lot in Foley

      RV lot with amenities near attractions in Foley, Alabama.
      3104 Truckster Ln, Foley, AL 36535
      View Details
    • $2,750,000
      3.64 Acres

      Prime Land with Highway Frontage

      3.64 acres of land with high visibility in Gulf Shores.
      County Road 8, Gulf Shores, AL 36542
      View Details
    • $289,900
      10.99 Acres

      Loxley Land with Owner Financing

      10.99 acre lot in Loxley, Alabama, with owner financing.
      Mosley Rd, Loxley, AL 36551
      View Details
    • $139,900
      0.07 Acres

      Improved RV Lot in Foley

      Deeded RV lot with income potential near Gulf beaches.
      21240 Miflin Rd, Foley, AL 36535
      View Details
    • $1,790,000
      52.00 Acres

      52 Acre Riverfront RV Resort

      52 acre parcel with RV resort project near I-10.
      County Road 64, Robertsdale, AL 36567
      View Details
    • $139,900
      0.07 Acres

      Improved RV Lot in Foley

      RV lot in Grand Riviera Resort with amenities and rental options.
      735 Vacation Cir, Foley, AL 36535
      View Details
    • $125,400
      0.07 Acres

      Improved RV Lot in Foley

      Corner lot in Grand Riviera RV Resort, near Gulf beaches.
      768 Vacation Cir, Foley, AL 36535
      View Details
    • $149,900
      0.07 Acres

      Improved RV Lot in Foley

      Deeded RV lot with amenities and income potential.
      21240 Miflin Rd, Foley, AL 36535
      View Details
    • $6,460,000
      648.00 Acres

      Large Unzoned Land Parcel

      648-acre wooded land parcel in Robertsdale, Alabama.
      County Road 87, Robertsdale, AL 36567
      View Details
    • $155,900
      0.07 Acres

      Improved RV Lot in Foley

      RV lot with concrete pad, patio, gazebo, and storage building.
      21240 Miflin Rd, Foley, AL 36535
      View Details
    • $1,780,000
      78.00 Acres

      78-Acre Commercial Land, Alabama

      Prime Alabama land: hunting, timber, commercial potential.
      0 Old Spanish Trl, Robertsdale, AL 36567
      View Details
    • Contact for pricing
      3,743 SF

      531 W Laurel Ave, Foley, AL 36535

      Apartment buildings
      531 W Laurel Ave, Foley, AL 36535
      View Details
    • Contact for pricing

      52 Acre RV Resort Project

      52 acres with RV resort project near Styx River.
      County Road 64 Ext, Robertsdale, AL 36567
      View Details
    • Contact for pricing

      Unzoned Land Parcel For Sale

      445 ac of wooded, unzoned land with owner financing.
      County Road 87, Robertsdale, AL 36567
      View Details
    • Contact for pricing

      Prime Land Investment Opportunity

      Large property with expressway and road frontage in Baldwin County.
      County Road 28, Summerdale, AL 36580
      View Details
    • $155,900

      Land Near Creekside RV Resort

      Land for sale near OWA and Foley Beach Express.
      21240 Miflin Rd, Foley, AL 36535
      View Details
    • $109,900

      Land For Sale in Foley

      Land available off the intersection of CR 16 and CR 19.
      16450 County Road 16, Foley, AL 36535
      View Details
    • Contact for pricing

      Grand Riviera RV Resort Lot

      Corner lot in gated RV resort near Gulf Shores.
      768 Vacation Cir, Foley, AL 36535
      View Details
    • Contact for pricing

      Resort Lot in Foley, Alabama

      RV resort lot with amenities near Gulf Coast attractions.
      735 Vacation Cir, Foley, AL 36535
      View Details
    • Contact for pricing

      Resort Lot Near Clubhouse

      Gated resort lot with extended patio and professional landscaping.
      3113 Truckster Ln, Foley, AL 36535
      View Details
    • Contact for pricing

      Waterfront Lot Near Amenities

      Waterfront lot with access to resort amenities and rental options.
      788 Vacation Cir, Foley, AL 36535
      View Details
    • Contact for pricing

      Grand Riviera RV Resort Lot

      Lot in new RV resort with extensive amenities.
      3104 Truckster Ln, Foley, AL 36535
      View Details
    • $125,400

      Land For Sale in Foley

      Land available off Interstate 10 in Foley, Alabama.
      768 Vacation Cir, Foley, AL 36535
      View Details

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    Alla Nikitina, Gulf Shores, AL
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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.

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    Alla Nikitina, Gulf Shores, AL
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