Technical
Financial
Distress signals
Property profile

12151 Gtwy Dr Dr Elberta, AL 36530

FOR SALE
Commercial land
Property ID
US03-1943658
0.11 ac lot
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This back-in RV resort lot is configured for RV access and can accommodate fifth wheels, Class A, and Class C motorhomes, with an indicated requirement that Class A units are 15 years old or newer, Class C motorhomes and fifth wheels are 10 years old or newer, and all RVs are at least 28 feet in length. The lot includes durable epoxy flooring and an extended paver patio, as well as a shaded rear outdoor living area with trees overlooking a pond. Indirect lake views are noted from across the street, and underground utilities are installed. Resort amenities associated with Lake Osprey Country Club RV Resort include a clubhouse, outdoor pool and hot tub, fitness center, pickleball courts, putting green, dog park, BBQ area, and laundry facilities, and owners have the option to participate in an on-site rental program when the lot is not in use.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.11 ac (4,779 SF)
APN 53-07-26-0-000-015.017
UPID US03-1943658

Cap rate & NOI

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

Location

12151 Gtwy Dr 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
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2021
Last sale
$104,000
7 recorded transactions
2021
$104,000
2017
$64,000
2016
Price N/A
2013
$1.6M
2009
Price N/A
1969
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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