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Property profile & analytics
OFF-MARKET
Office buildings

1404 1st St Gulf Shores, AL 36542-4445

4,958 SF 0.49 ac lot Built 1986
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US03-1282498
Property summary
AI-generated overview

This exceptional commercial property, situated at the intersection of Highway 59 and Fort Morgan Road in Gulf Shores, Alabama, offers 4,824 square feet of flexible office space across six suites. Built in 1986, this single-story, Class C building is ideally suited for a variety of uses, including traditional office, medical office, coworking, creative office, or executive office spaces. The property sits on a half-acre lot and provides ample parking with 18 spaces. Its convenient location offers excellent visibility and accessibility, being just a mile north of the beach and positioned next to Walgreens, across from Rouses Market, Walmart Supercenter, ACE Hardware, banks, doctor offices, and numerous restaurants. The property is zoned for general business use and features a convenient location near major roadways, ensuring easy access for clients and employees. The building's single-story design and ample parking make it highly functional and user-friendly. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Gulf Shores market. The property's address is easily accessible via Highway 59 and W Fort Morgan Rd. The parcel number is 05-66-04-17-1-000-040.000. No elevators are present. The property is located within the Baldwin County submarket cluster.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Total area 4,958 SF
Lot 0.49 ac (21,404 SF)
APN 66-04-17-1-000-040
UPID US03-1282498
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • New Horizon Insurance Agency, Inc. Insurance Agency
  • Family Care Naturally Medical Clinic Alternative Medicine Practice
  • Harzo Construction Construction Company
  • Magic Hair by Marie and Laurie Hair Salon
  • Alabama Beach Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Grilled Oysters INC · 5 yrs held
Grilled Oysters INC
since 2021
Last sale
$300,000
4 recorded transactions
2021
Price N/A
2021
$300,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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