Technical
Financial
Distress signals
Property profile

11850 Gateway Dr Elberta, AL 36530

FOR SALE
Commercial land
Property ID
US03-0695552
0.12 ac lot
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

Lake Osprey RV Resort is a deeded, HOA-governed waterfront community in coastal Alabama offering individual lots. Lot 75 is directly lakefront and faces north, with utilities and connections including 50/30 amp electrical service and hookups for sewer, water, and internet. The lot is designed for use as an RV site, with space that can support outdoor living improvements such as patios and outdoor kitchen areas, and it is described as potentially suitable for a small residence up to approximately 1,200 square feet, subject to buyer verification and development due diligence. The community provides on-site amenities including an infinity pool, hot tub, tiki bar, fitness center, free laundry, pickleball courts, a dog park, and a putting green. The resort is located near Soldiers Creek Golf Course and Barber’s Marina, with additional shopping in Foley, Alabama, and access to Gulf beaches by short drive.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.12 ac (5,403 SF)
APN 53-07-26-0-000-015.088
UPID US03-0695552

Cap rate & NOI

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

Location

11850 Gateway Dr Elberta, AL 36530
Elberta metro Census 11601 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2023
Last sale
$169,000
2 recorded transactions
2023
$169,000
2023
$169,000

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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