0 Al-180 Gulf Shores, AL 36542
This exceptional 3.9-acre parcel in Gulf Shores, Alabama, presents a unique development opportunity. Located on AL-180 in Baldwin County, zip code 36542, this property boasts incredible unobstructed bay views and is adjacent to Navy Cove Condominiums. Priced at $575,000 ($147,435/acre), it offers significant potential for various residential projects. Pre-existing concept plans are available for a 14-unit condominium complex, five single-family cottages, or an eight-townhome development. A current wetlands delineation and survey are readily available. This prime location, combined with the existing planning concepts, makes this an attractive investment for developers seeking to capitalize on the high demand for coastal living in Gulf Shores. The property's strategic positioning and the detailed planning documents significantly reduce the time and cost associated with initial project development. This is a rare chance to acquire a substantial land parcel in a highly desirable area, ready for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.