New Construction
7365 Alamo Circle Gulf Shores, AL 36542
7365 Alamo Circle, Gulf Shores, AL, 36542
$595,000
For Sale
$595,000
New warehouse under construction with two planned units and two roll-up doors, with utilities and permits already secured.
Property Size5,600 SF
Price / SF$106.25
Days on Market260
Property Features for 7365 Alamo Circle
General Information
- Standard status
- Active
- Size
- 5,600 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2024
Listing agency
RE/MAX of Orange Beach
(251) 533-6677
Listed by
Heather Harp · License #new
(251) 533-6677
Source
Xome
Added: Nov 5, 2025 Updated: Jul 22 at 4:35PM Checked: Jul 23 at 4:29AM
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 RE/MAX of Orange Beach
Investment Insights
Based on property information with market context.
A brand-new warehouse is currently under construction and includes two planned units. The structure is reported at 75% completion and will feature two large roll-up doors for straightforward loading and access.
The project is located in Gulf Shores, right off Highway 59, at 7365 Alamo Circle. Permits have been secured, and essential utilities including water and sewer hookups are already in place, along with temporary electrical connections.
Remaining work is described as including HVAC installation, additional electrical and plumbing work, exterior brick finishing, and parking lot paving. The seller states there are no mortgages or liens, and buyers should verify all information during due diligence.
The project is located in Gulf Shores, right off Highway 59, at 7365 Alamo Circle. Permits have been secured, and essential utilities including water and sewer hookups are already in place, along with temporary electrical connections.
Remaining work is described as including HVAC installation, additional electrical and plumbing work, exterior brick finishing, and parking lot paving. The seller states there are no mortgages or liens, and buyers should verify all information during due diligence.
Key Highlights
- Brand new warehouse currently under construction in Gulf Shores right off Hwy 59
- Planned 5,600 sqft warehouse with two units: 3,100 sqft and 2,500 sqft
- Structure at 75% completion with two large roll‑up doors
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.7k | $7.80 |
| − Vacancy | −$2.1k | −$0.37 |
| EGI | $41.6k | $7.43 |
| − OpEx | −$6.2k | −$1.11 |
| NOI | $35.3k | $6.31 |
5,600 SF · lease $7.80/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$504.9K
$441.8K – $589.1K
NOI $35,346 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,268 @ 7.0% cap · market cap 15.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
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FAQs
What type of property is this?
Warehouse - New warehouse under construction with two planned units and two roll-up doors, with utilities and permits already secured.
Where is this warehouse located?
The property is located at 7365 Alamo Circle Gulf Shores, AL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Brand new warehouse currently under construction in Gulf Shores right off Hwy 59; Planned 5,600 sqft warehouse with two units: 3,100 sqft and 2,500 sqft; Structure at 75% completion with two large roll‑up doors
