Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Deeded RV Lot with Outdoor Setup Title is generated by Realmo AI

    12409 Gateway Drive lot 170, Elberta, AL 36530

    View on Map
    Claim this Listing
    For Sale
    $109,900

    LAND - Elberta, AL

    Lot size:
    0.10 Acres
    Added:
    May 6, 2026
    Days on Market:
    31
    Last Refresh:
    Jun 5 at 12:06 am

    Property Features for 12409 Gateway Drive lot 170

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Single Family Residence
    Standard status
    Active
    APN
    53-07-26-0-000-015.195
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Description
    Lot 170 Lake Osprey Rv Country Club Phase Six (Amended) Slide 2891-A, Slide-2874-E

    We can help!

    Listing Contact
    Patrick Callahan

    Listing agent Patrick Callahan License #133395

    Listing office LPT Realty LLC 314 Magnolia Ave, Daphne, AL

    Listing date May 6, 2026

    MLS# 396177 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.

    HighLights

    • Deeded RV lot at Lake Osprey RV Resort and Country Club (Lot 170) in Elberta, AL
    • Back‑in lot in the newest resort section near the intersection of two resort roads, offering access for Class A, Class C, and fifth wheels
    • Extended concrete pad plus additional patio space, outdoor kitchen, and natural gas fire pit
    • HOA is $320/month and includes water, sewer, trash, internet, cable TV, and lawn care
    • Resort amenities include clubhouse, outdoor pool and hot tub, fitness center, pickleball courts, putting green, dog park, BBQ area, and laundry facilities
    • Access rules: Class A 15 years or newer; Class C and fifth wheels 10 years or newer; all RVs must be 28 ft or longer (buyer to verify)

    Overview

    Deeded RV lot in Lake Osprey RV Resort and Country Club, listed as Lot 170. This is a back-in configuration designed for fifth wheels and large motorhomes, with an extended concrete pad and additional patio space already in place. Outdoor living is further supported by an outdoor kitchen and a natural gas fire pit. Underground utilities are available, and the listing notes indirect lake views across the road.

    The lot is located in the newest section of the resort and positioned near the intersection of two resort roads, supporting straightforward resort access. Lake Osprey is a full amenity community with a clubhouse, outdoor pool and hot tub, fitness center, pickleball courts, putting green, and dog park. Additional conveniences include a BBQ area, laundry facilities, and golf access noted as Soldiers Creek Golf Course being reachable by golf cart.

    The property is zoned Single Family Residence, and the HOA is listed at $320 per month, covering water, sewer, trash, internet, cable TV, and lawn care. Lake Osprey accepts Class A motorhomes 15 years or newer, Class C motorhomes and fifth wheels 10 years or newer, and requires all RVs to be 28 feet or longer; buyers should verify all information during due diligence. The lot may be used as a personal getaway or full-time residence, or placed in the on-site rental program when you are away.
    Property Profile Location Intelligence

    Current Use by Public Records

    Campgrounds

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Storage Facility Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elberta
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.544206
    Latitude
    30.403389

    Nearby Similar for Sale

    • $229,000

      Luxury RV Lot in Elberta, AL

      RV-ready lot with lake views and premium outdoor kitchen.
      12377 Gateway Drive, Elberta, AL 36530
      View Details
    • $99,900

      RV Lot in Lake Osprey

      RV lot with amenities in Lake Osprey RV Country Club.
      11863 Gateway Drive, Elberta, AL 36530
      View Details
    • $125,000

      RV Resort Lot with Utility Hookups

      RV lot in Lake Osprey RV Resort with full utility hookups and access to shared pool, clubhouse, and private lake.
      12393 Gateway Drive lot: 168, Elberta, AL 36530
      View Details
    • $525,000
      1,200 SF

      Lake Osprey RV Resort

      Functional, low-maintenance home in Lake Osprey RV Country Club.
      12088 Gateway Dr, Elberta, AL 36530
      View Details
    • $485,000
      952 SF

      Lake Osprey RV Resort

      Well-maintained RV coach home in Lake Osprey RV Country Club.
      11943 Gateway Dr, Elberta, AL 36530
      View Details
    • $125,000

      Deeded RV Resort Lot

      Deeded RV lot in Lake Osprey with an existing patio and landscaping, within an HOA-managed resort community.
      12151 Gateway Drive lot: 22, Elberta, AL 36530
      View Details
    • $149,000

      Deeded RV Resort Lot

      Oversized deeded lot in a gated RV resort with utilities in place and an RV hookup ready for use.
      11809 Gateway Drive lot: 85, Elberta, AL 36530
      View Details
    • $140,000

      RV Lot Improved - Elberta, AL

      Improved RV lot with lake views and resort amenities.
      12118 Gateway Dr, Elberta, AL 36530
      View Details
    • $229,000

      RV Lot Improved - Elberta, AL

      Improved RV lot with amenities in Elberta, Alabama.
      28170 Migratory Way, Elberta, AL 36530
      View Details
    • $429,000
      2,800 SF

      Duplex with Updated Roof and HVAC

      Well-maintained duplex with ample parking and recent roof, HVAC, and PEX plumbing updates.
      23888 US Highway 98, Elberta, AL 36530
      View Details
    • $295,000
      432 SF

      Lake Osprey RV Resort

      Luxury RV resort living with flexible use and rental income.
      12143 Gateway Dr, Elberta, AL 36530
      View Details
    • $135,000

      RV Lot in Lake Osprey

      Premium RV lot in luxury resort community. Great investment!
      12489 Gateway Drive, Elberta, AL 36530-0000
      View Details

    FAQs

    What type of property is this?
    Campground - Back-in RV lot with extended concrete pad, patio, outdoor kitchen, and natural gas fire pit in a deeded resort community.
    Where is this campground located?
    The property is located at 12409 Gateway Drive lot 170 Elberta, AL.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: Deeded RV lot at Lake Osprey RV Resort and Country Club (Lot 170) in Elberta, AL; Back‑in lot in the newest resort section near the intersection of two resort roads, offering access for Class A, Class C, and fifth wheels; Extended concrete pad plus additional patio space, outdoor kitchen, and natural gas fire pit
    (251) 979-6557
    We can help!
    Listing Contact
    Patrick Callahan
    Real Estate License ID: 133395
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    12409 Gateway Drive lot: 170, Elberta, AL 36530
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!