Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6771 Patterson Ln Gulf Shores, AL 36542

    View on Map
    Sponsored
    For Sale
    $225,000

    Residential Lots - Gulf Shores, AL

    Lot size:
    1.92 Acres
    Days on Market:
    178
    Last Refresh:
    Mar 27 at 12:06 am

    Property Features for 6771 Patterson Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    61-09-37-0-000-146.000
    Lot size
    1.92 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Brenda McDonald
    Brenda McDonald

    Goode Realty LLC

    Listing agent Brenda McDonald License #72617

    Listing date Oct 1, 2025

    MLS# 385930 Listing URL

    Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Bon Secour River Residential Lot

    This residential lot presents an opportunity to build a custom home, second residence, or weekend getaway along the Bon Secour River. The property measures approximately 100 feet wide and 850 feet deep. A private boardwalk over the marsh could provide direct access to the water's edge, offering sunset views and natural surroundings. An existing structure is present on the site but has no contributing value. The location provides convenient access to regional attractions, including Gulf Shores Public Beach, Tanger Outlets in Foley, and OWA Parks and Resort. Field 3 on Oak Road West is also nearby. This lot offers potential in a growing coastal area for a retreat or riverfront residence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Shores
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.70573
    Latitude
    30.323874

    Nearby Similar for Sale

    • $109,500
      0.06 Acres

      RV Lot in Whispering Pines

      Shaded RV lot in Gulf Shores resort community.
      19558 County Road 8, Gulf Shores, AL 36542
      View Details
    • $97,500
      0.06 Acres

      RV Lot in Whispering Pines Resort

      Shaded RV lot with storage shed near Gulf Shores.
      19558 County Road 8, Gulf Shores, AL 36542
      View Details
    • $679,900
      1,280 SF

      Waterfront Duplex in Gulf Shores

      Waterfront duplex with income potential, near Gulf Shores beach.
      120 W 3Rd Ave, Gulf Shores, AL 36542
      View Details
    • New
      $110,000

      RV Lot in Upscale Resort

      RV lot with storage shed in a resort community.
      19558 County Road 8, Gulf Shores, AL 36542
      View Details
    • $4,249,000
      6,438 SF

      Gulf-Front Duplex in Gulf Shores

      Luxurious Gulf-front duplex with rental income potential in Fort Morgan.
      1594 State Highway 180, Gulf Shores, AL 36542
      View Details
    • $725,000
      1,500 SF

      Updated Duplex Near Beach Access

      Updated, furnished duplex near beach access in Gulf Shores, AL.
      494 E 1St Ave, Gulf Shores, AL 36542
      View Details
    • New
      $99,900

      RV Lot in Upscale Resort

      Prime RV lot in a newer resort near Gulf beaches.
      19558 County Road 8, Gulf Shores, AL 36542
      View Details
    • New
      $95,000
      0.05 Acres

      RV Lot in Gulf Shores

      Deeded RV lot in a resort-style community near beaches.
      195558 County Road 8, Gulf Shores, AL 36542
      View Details
    • $105,000
      0.08 Acres

      Gulf Shores RV Resort Lot

      RV lot in a resort setting with income potential.
      19648 County Road 8, Gulf Shores, AL 36542
      View Details
    • $2,599,000
      6,558 SF

      Gulf-Front Duplex: Income Potential

      Gulf-front duplex with 12 bedrooms, strong rental history, and luxury appeal.
      3014 Ponce De Leon Ct, Gulf Shores, AL 36542
      View Details
    • $1,295,000
      3,300 SF

      Beachside Duplex with Gulf Views

      Renovated duplex near the beach, ideal for rental income.
      6488 Sawgrass Dr, Gulf Shores, AL 36542
      View Details
    • $80,000

      RV Lot in Upscale Resort

      Affordable RV lot with rental opportunities in Gulf Shores, AL.
      19558 County Road 8, Gulf Shores, AL 36542
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Spacious lot near Gulf Shores with river access potential.
    Where is this residential land & home lot located?
    The property is located at 6771 Patterson Ln Gulf Shores, AL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Large 100' x 850' riverfront lot on the Bon Secour River, ideal for building.; - Opportunity to add a private boardwalk for direct water access and panoramic sunset views.; - Proximity to Gulf Shores Public Beach, Tanger Outlets, and OWA Parks and Resort.
    (251) 752-0512
    Request Owner's contact information
    6771 Patterson Ln Gulf Shores, AL 36542
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6771 Patterson Ln
    Gulf Shores, AL 36542
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    6771 Patterson Ln Gulf Shores, AL 36542
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brenda McDonald
    Brenda McDonald
    Real Estate License ID: 72617
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!