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0 Highway 59 Summerdale, AL 36480

OFF-MARKET Land Google Maps
Estimated value (blended)
$7.50M
Range $6.75M – $8.25M (±10%)
Property ID

Property summary

AI-generated overview

2.28 acre to 39 acre parcels available. Seller willing to subdivide, minimum lot size 150x660, 2.28 acre lots priced at $750,000.00. Possible build to suit options available for Cooperate Credit Tenants. 2135 ft of Frontage 660 deep, 2750 back side. on Gulf Shores Parkway, traffic count average from 2021 over 42,000 vpd. BG zoning allows a broad range of commercial, retail, entertainment, and mixed use options. 650+ ft of depth. North of Oak Rd/ AKA County Road 6, South of Coastal Gateway Blvd on the West Side of Gulf Shores Parkway (Southbound) AKA State Highway 59. Individual lot sales are subject to subdivision approval.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$7.50M

Owner & transaction history

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
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