Technical
Financial
Distress signals
Property profile

301 E canal drive Gulf Shores, AL 36542

OFF-MARKET
Mixed-use properties
Built 1965
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Property summary

AI-generated overview

THE JEWEL OF THE WATERWAY DISTRICT IN GULF SHORES IS FOR SALE! OWN A PIECE OF GULF SHORES HISTORY! One of a kind, fully approved mixed use development features Baldwin County's only Mobile Food Truck Court/Vendor Court PLUS 5 retail spaces, PLUS a 3,614 sqft 6 bedroom/3 bath short term rental in the main building and a separate 972 sqft 2 bedroom/1 bath fully furnished and operating short term rental cottage on the same property. 3/4 of an acre plus waterfront lots on the intracoastal. Site plan is fully approved by the city of Gulf Shores. All permitted drawings are in hand and shovel ready. Use the plan in place or start over with your own. Owner financing options are also available.

Property profile

Verified
Property type Mixed-use properties
Year built 1965

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Vacation Rental Real Estate Agency

Location

301 E canal drive Gulf Shores, AL 36542
Gulf Shores metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$3.50M

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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