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    3117 E 2nd St Gulf Shores, AL 36542

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $520,000

    Prime 1.97-acre lot, ideal for development.

    Property size:
    85,785 SF

    Description

    Added:
    Feb 17, 2025
    Days on Market:
    324
    This exceptional 85,785 square foot commercial lot presents a unique investment opportunity in the thriving Gulf Shores, Alabama market. Strategically located between the airport and Highway 59, this property boasts high visibility and convenient access to major transportation routes. Currently vacant and wooded, the lot offers a blank canvas for a wide range of commercial developments. Its zoning designation as Arterial Business allows for diverse uses, catering to businesses seeking high-traffic exposure. With a total area of 1.969 acres, this expansive lot provides ample space for ambitious projects. The address is 3117 E 2nd St, Gulf Shores, AL 36542, and the asking price is $520,000. This is a rare chance to acquire a significant commercial parcel in a rapidly growing coastal community. Don't miss this opportunity to secure a prime location for your next venture. The property is ready for immediate development, offering significant potential for return on investment. Serious inquiries only.

    Property Features for 3117 E 2nd St

    General Information

    Property type
    Other land
    Square Feet
    85,785 SF
    Price / Square Foot
    $6
    Elevators
    N/A
    Lot Size
    85,785 SF

    Building Details

    Year Built
    1994
    Buildings
    1
    Stories
    1

    HighLights

    • Prime Gulf Shores location, near airport and Hwy 59.
    • Spacious 85,785 square foot commercial lot available.
    • Arterial business zoning; vacant, wooded lot.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Realty agency Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Shores
    State
    Alabama
    Longitude
    -87.683759
    Latitude
    30.285687

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    FAQs

    What type of property is this?
    Land - Prime 1.97-acre lot, ideal for development.
    Where is this land located?
    The property is located at 3117 E 2nd St Gulf Shores, AL.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: Prime Gulf Shores location, near airport and Hwy 59.; Spacious 85,785 square foot commercial lot available.; Arterial business zoning; vacant, wooded lot.
    (251) 981-3078
    Request Owner's contact information
    3117 E 2nd St Gulf Shores, AL 36542
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    Realmo Value Estimation

    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.

    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.

    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
    3117 E 2nd St Gulf Shores, AL 36542
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