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    645 Gulf Shores Pkwy Gulf Shores, AL 36542

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    For Sale
    $2,290,000

    Prime Gulf Shores corner property near the beach.

    Property size:
    27,830 SF
    Lot size:
    0.64 Acres

    Property Features for 645 Gulf Shores Pkwy

    General Information

    Size
    27,830 SF
    Lot size
    0.64 Acres

    Source: RE/MAX of Gulf Shores Agent Kevin S. Corcoran

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

    Overview

    Corner Property Redevelopment Opportunity

    This corner property offers a redevelopment opportunity with 242 feet of frontage on Highway 59 and 128 feet of frontage on Windmill Ridge Road. The location experiences an average annual daily traffic count of 31,665. The offering includes three separate parcels. Two of the parcels currently house a 4,542 square-foot, 2-story office building. The third parcel is currently a graveled parking area. The office space features two floors of private and semi-private offices, two conference rooms, two kitchenettes, and men's and women's restrooms on both floors. A commercial-grade elevator serves both floors. Located a few blocks from the beach in the Beach Overlay District, the property is within walking distance of tourist hotspots, shopping, and dining. Redevelopment plans are available for a restaurant or bar. The property is located in one of Gulf Shores' commercial areas.
    Location Intelligence

    Current Use by Public Records

    Chris Shrader Mortgage Broker Kes Harrison / The Harrison ... Real Estate Agency RE/MAX Alabama - Paula ... Real Estate Agent Donald Frey Realtor ... Real Estate Agent Lindsay Demers, REALTOR® Real Estate Agent

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Realty agency Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Shores
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.689321
    Latitude
    30.2535628

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    FAQs

    What type of property is this?
    Office building - Prime Gulf Shores corner property near the beach.
    Where is this office building located?
    The property is located at 645 Gulf Shores Pkwy Gulf Shores, AL.
    What is the asking price?
    The asking price for this property is $2,290,000.
    What are key features of this property?
    This property features: - Prime corner property with 242' of Hwy 59 frontage in the heart of Gulf Shores.; - High-traffic location with 31,665 AADT.; - Includes three separate parcels, offering flexibility for redevelopment.
    (251) 752-4853
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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
    645 Gulf Shores Pkwy Gulf Shores, AL 36542
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