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    Property profile & analytics

    1229 Gulf Shrs Pkwy, Unit 3 Gulf Shores, AL 36542-5929

    • Office buildings
    • 3,770 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $910,000
    Last Sale
    May 03, 2023
    $880,000
    Location Intelligence
    Property ID
    US03-0496568
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 1229 Gulf Shrs Pkwy

    Year built
    1985
    Lot size
    0.26 lot acres
    Property size
    3,770 SF
    Property type
    Office buildings
    APN
    66-04-17-1-000-059
    APU
    6604171000059

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $925,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,015,000
      6.5%
      $865,000
      7%
      $935,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $870,000
      Geo Method
      $870,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,025,000
      Retail
      $835,000
      Mixed-Use
      $835,000
      Hospitality
      $805,000
      Educational
      $970,000
      Residential Income
      $810,000
      Energy
      $855,000
      Income-Based Land
      $805,000
      Food Service
      $875,000

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Shores
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6888
    Latitude
    30.2623
    CBSA code
    19300
    CBSA name
    DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,071
    $114,640
    $69,320
    $183,960
    -
    $573,200
    $346,600
    $919,800

    Comparable in this City

    • Value Estimation by Request
      640 SF

      Gulf Shores, AL 36542

      OFFICE BUILDING • 640 SF
      Gulf Shores, AL 36542
      View Details
    • Value Estimation by Request
      3,176 SF

      Gulf Shores, AL 36542

      OFFICE BUILDING • 3,176 SF
      Gulf Shores, AL 36542
      View Details
    • Value Estimation by Request
      3,190 SF

      201 24th Ave

      OFFICE BUILDING • 3,190 SF
      201 24th Ave, Gulf Shores, AL 36542
      View Details
    • Value Estimation
      $7,500,000
      40,653 SF

      1585 Gulf Shrs Pkwy

      OFFICE BUILDING • 40,653 SF
      1585 Gulf Shrs Pkwy, Gulf Shores, AL 36542-3437
      View Details
    • Value Estimation
      $470,000
      1,099 SF

      901 Gulf Shrs Pkwy

      OFFICE BUILDING • 1,099 SF
      901 Gulf Shrs Pkwy, Gulf Shores, AL 36542-5911
      View Details
    • Value Estimation
      $330,000
      663 SF

      1574 Gulf Shrs Pkwy, Unit 3

      OFFICE BUILDING • 663 SF
      1574 Gulf Shrs Pkwy, Gulf Shores, AL 36542-3414
      View Details

    Similar Nearby for Sale

    • $1,400,000
      2,231 SF

      Gulf Shores Office Building For Sale

      Office building for sale with tenant in place until 2026.
      956 W Beach Blvd, Gulf Shores, AL 36542
      View Details
    • $2,750,000
      4,542 SF

      27,830 SF RE-DEVELOPMENT OPPORTUNITY

      27,830 SF RE-DEVELOPMENT OPPORTUNITY
      645 Gulf Shores Pkwy, Gulf Shores, AL 36542
      View Details
    • $850,000
      6,500 SF

      Gulf Shores Office Building Investment

      Prime Gulf Shores Office Space - 6,500 SF
      191 Northshore Cir, Gulf Shores, AL 36542
      View Details
    • $1,400,000
      2,327 SF

      Gulf Shores Office Building Investment

      Beachfront Office Building with Lease
      956 W Beach Blvd, Gulf Shores, AL 36542
      View Details
    • $150,000
      7,089 SF

      Gulf Shores Office Space - Beachfront

      Stunning Gulf Shores office, updated, prime location.
      613 GULF SHORES PKWY, Gulf Shores, AL 36542
      View Details
    • $2,290,000
      27,830 SF

      Corner Property Redevelopment Opportunity

      Prime Gulf Shores corner property near the beach.
      645 Gulf Shores Pkwy, Gulf Shores, AL 36542
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      1,250 SF

      Gulf Shores Office Space For Lease

      Modern Gulf Shores office, 1250 sq ft.
      2001 W 1st St, Gulf Shores, AL 36542
      View Details
    • $3,300 /Mo
      3,000 SF

      Gulf Shores Office Space - Suite C

      Prime Gulf Shores Office, 3000 sq ft
      901 Commerce Dr, Gulf Shores, AL 36542
      View Details
    • $3,500 /Mo
      1,250 SF

      Gulf Shores Office Space For Lease

      Modern Gulf Shores Office, 1250 SF
      2001 W 1st St, Gulf Shores, AL 36542
      View Details
    • $1,250 /Mo
      500 SF

      Gulf Shores Office Space For Lease

      Modern 500 sq ft office suite in prime location.
      1229 Gulf Shores Pkwy, Gulf Shores, AL 36542
      View Details
    • $32 SF/Yr
      2,050 SF

      Gulf Shores Office Space For Lease

      Beachfront Office, High Visibility, Immediate Occupancy
      613 GULF SHORES PKWY, Gulf Shores, AL 36542
      View Details
    • $2,650 /Mo
      1,198 SF

      Gulf Shores Office Space Available

      Corner office suite in established Gulf Shores business park.
      1544 W 2Nd St, Gulf Shores, AL 36542
      View Details
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    Gulf Shores, AL 36542-5929
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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