Retail Development Site with Advance Auto
For Sale
Contact for pricing
3800 Gulf Shores Pkwy, Gulf Shores, AL 36542
Retail development opportunity along Gulf Shores Parkway, minutes from the Gulf Shores beaches.
Property Size6,889 SF
Price / SF$350.44
Days on Market93
Property Features for 3800 Gulf Shores Pkwy
General Information
Standard status
Active
Size
6,889 SF
Property subtype
RETAIL
Listing Agency:
Trinity Real Estate Investment Services - Corporate
(817) 304-8916
Listed By:
Cody Crist · License #697980
(817) 584-2000
Source:
Moodyscre
Added: Jul 28
Changed: Oct 25
Last Checked: Oct 26 at 4:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Trinity Real Estate Investment Services presents a retail development opportunity for an Advance Auto Parts in Gulf Shores, AL. The property size is 6,889 SF and is positioned for a retail tenant seeking a high-visibility Parkway corridor.
The site is located along Gulf Shores Parkway and is described as minutes away from the Gulf Shores beaches, supporting retail demand from visitors and local shoppers alike.
Broker of Record is Brian Brockman with Bang Realty-Alabama Inc (AL#119315).
The site is located along Gulf Shores Parkway and is described as minutes away from the Gulf Shores beaches, supporting retail demand from visitors and local shoppers alike.
Broker of Record is Brian Brockman with Bang Realty-Alabama Inc (AL#119315).
Key Highlights
- 6,889 SF retail development site
- Advance Auto Parts development opportunity
- Located along Gulf Shores Parkway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,128
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,560
$1.5M
Cap Rate 7%
$1,058,971
$1.1M
Cap Rate 9%
$823,644
$823.6K
Market Conditions
NOI Build-Up for 6,889 SF
Gross rent
$115.7K $16.80/SF
− Vacancy
−$9.8K −$1.43/SF
EGI
$105.9K $15.37/SF
− OpEx
−$31.8K −$4.61/SF
NOI
$74.1K $10.76/SF
Area
Baldwin County, AL
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,560
Cap Rate 7%
$1,058,971
Cap Rate 9%
$823,644
Alternative Uses
Best Use
Retail
$1.06M
$926.6K – $1.24M
NOI $74,128 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,967 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
Demographics for 36542, AL
16,993
Population
18,551
Households
0.9
Avg Household Size
51
Median Age
38%
College-Educated
95%
High-School Grad
52.0 sq mi
ZIP Area
327
Density / Sq Mi
$74,861
Median Household Income
$35,580
Median Earnings
$1,365
Median Rent
$366,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail development opportunity along Gulf Shores Parkway, minutes from the Gulf Shores beaches.
Where is this retail space located?
The property is located at 3800 Gulf Shores Pkwy Gulf Shores, AL.
What is the asking price?
The asking price for this property is $2,414,166.
What are key features of this property?
This property features: 6,889 SF retail development site; Advance Auto Parts development opportunity; Located along Gulf Shores Parkway
