1404 1st St Gulf Shores, AL 36542-4445
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.