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    1308 Gulf Shores Pkwy Gulf Shores, AL 36542

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    For Sale
    $4,250,000

    Multi-tenant retail center with condo on high-traffic corridor.

    Property size:
    12,400 SF
    Lot size:
    0.80 Acres

    Property Features for 1308 Gulf Shores Pkwy

    General Information

    Size
    12,400 SF
    Lot size
    0.80 Acres

    Source: Southeast Realty Agent Christy Chason

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center on Gulf Shores Parkway

    This property features a multi-tenant retail center with approximately 12,400 square feet of space, including a furnished 3,000 square foot condominium. Situated on 0.80 acres, the property has 194 feet of frontage on Gulf Shores Parkway (Highway 59), the main thoroughfare to Gulf Shores. The location benefits from high visibility and a daily average traffic count of 29,187.
    Location Intelligence

    Current Use by Public Records

    Matt’s Homemade Ice ... Ice Cream Shop

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Realty agency Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Paradise Isle Shopping Center, Gulf Shores Shopping Center, Coinstar, Uptown Plaza, The Square Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Shores
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6879234
    Latitude
    30.2629016

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    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail center with condo on high-traffic corridor.
    Where is this shopping center located?
    The property is located at 1308 Gulf Shores Pkwy Gulf Shores, AL.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: - Multi-tenant retail center with additional furnished 3,000 SF Condo.; - Located on Gulf Shores Parkway (Highway 59), the primary corridor to Gulf Shores.; - High daily traffic counts (AADT 29,187).
    (601) 906-4544
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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
    1308 Gulf Shores Pkwy Gulf Shores, AL 36542
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