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

    Water Oaks Cir Gulf Shores, AL 36542

    Sponsored
    For Sale
    $375,000

    Residential Lots - Gulf Shores, AL

    Lot size:
    0.31 Acres
    Days on Market:
    6
    Last Refresh:
    Mar 4 at 2:06 pm

    Property Features for Water Oaks Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Single Family Residence
    APN
    67-06-06-0-004-102.014
    Lot size
    0.31 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Robert Tarziers
    Robert Tarziers

    Kelly Right Real Estate of Ala (205) 966-8543

    Listing agent Robert Tarziers (205) 966-8543 License #113282

    Listing date Feb 27, 2026

    MLS# 391746 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

    Lagoon Front Residential Lots

    These residential lots are located on Little Lagoon, offering 60 feet of water frontage and a depth of 254 feet. The property allows for the construction of a primary residence, guest house, pool, and pier with a boat dock. The area is suitable for fishing, boating, sailing, jet skiing, kayaking, and paddleboarding. A paved walking and biking trail is located across the street, extending from Hwy 59 to The Peninsula, with a second phase under construction to continue to Fort Morgan. The property is located approximately 2 miles from the public beach in Gulf Shores, less than 0.25 miles from Mo's Landing boat launch, and 2 miles from Gulf State Park, which features biking and walking trails. Grocery stores, dining, and shopping options are located 1.5 miles away. Little Lagoon is an 8-mile-long coastal lake on the Alabama Gulf Coast. The lot size is approximately 0.31 acres. The zoning is Single Family Residence. Plans for an approximately 3200 sqft custom home, a current Elevation Certificate, and a Survey are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Gulf Shores
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8145
    Latitude
    30.249

    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
    • New
      $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
    • New
      $119,900
      0.06 Acres

      Improved RV Lot in Gulf Shores

      Deeded RV lot with full hookups and resort amenities.
      19558 County Road 8, Gulf Shores, AL 36542
      View Details
    • $119,900
      0.06 Acres

      Improved RV Lot in Gulf Shores

      Deeded RV lot with amenities near Gulf Shores attractions.
      19558 County Road 8, Gulf Shores, AL 36542
      View Details
    • $99,900

      RV Lot in Upscale Resort

      Prime RV lot in a resort community near Gulf beaches.
      19558 County Road 8, Gulf Shores, AL 36542
      View Details
    • $110,000

      Improved RV Lot in Gulf Shores

      RV lot with storage shed near Gulf Shores attractions.
      19558 County Road 8, Gulf Shores, AL 36542
      View Details
    • $185,000
      450 SF

      Improved RV Lot with River Views

      Move-in ready RV lot with stunning sunset and river views.
      17287 Pirate Cir, 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
    • $95,000
      0.08 Acres

      Improved RV Lot in Gulf Shores

      Spacious RV lot with concrete pad and resort amenities.
      19558 County Road 8, Gulf Shores, AL 36542
      View Details
    • $100,000

      RV Lot in Whispering Pines

      RV lot with amenities near Gulf Shores beaches.
      19648 County Road 8, 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

    FAQs

    What type of property is this?
    Residential land & home lot - Waterfront lots for dream home with guest house, pool.
    Where is this residential land & home lot located?
    The property is located at Water Oaks Cir Gulf Shores, AL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Lagoon Front Lot: Build your dream home with guest house, pool, pier, and boat dock on Little Lagoon with 60ft water frontage.; - Water Activities: Ideal for fishing, boating, sailing, jet skis, kayaking, and paddleboarding.; - Proximity to Amenities: Conveniently located 1.5 miles from grocery stores, dining, and shopping.
    (251) 895-9278
    Request Owner's contact information
    Water Oaks Cir 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.
    Water Oaks Cir
    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
    Water Oaks Cir 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
    Robert Tarziers
    Robert Tarziers
    Real Estate License ID: 113282
    (251) 895-9278 (205) 966-8543
    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!