Property profile

1408 Oleander Ln Dauphin Island, AL 36528

FOR SALE
Residential land & home lots
Property ID
US03-3139538
Individually Owned 2-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Fall in love with this a Multifamily lot protected by the dunes on beautiful Dauphin Island. Zoned R3 (1-4 unit building), the options are endless with this lot, where you can build an income producing Fourplex, your own personal beach getaway, or a full time residence. Located just a short bike ride or golf cart ride to all Dauphin Island has to offer including the Isle of Dauphine Golf Course, the Alabama Aquarium at the Dauphin Island Sea Lab, the ferry, the public boat launch at Billy Goat Hole, Fort Gaines, and the Audubon Bird Sanctuary. Besides fishing, kayaking, birding, beach walking, and shell seeking, there are quaint shops and restaurants, several churches, a welcome center, Town Hall, two art galleries, and many property owner association parks. Without a single stoplight, you'll get used to Island time in no time at all. Make your way now and start living the dream on peaceful Dauphin Island, the official Sunset Capital of Alabama! All information provided about the property, including but not limited to lot dimensions and zoning, is deemed reliable but is not guaranteed and should be independently verified.

Property profile

Verified
Property type Residential land & home lots
UPID US03-3139538

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1408 Oleander Ln Dauphin Island, AL 36528
Dauphin Island metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2018
$47,000
2018
$10,000
2018
$30,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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