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    Property profile & analytics

    1615 2nd St Gulf Shores, AL 36542-3511

    • Office buildings
    • 3,491 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US03-0870084
    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

    • Crosswinds Ministries / Religious Organization

    Property Details for 1615 2nd St

    Year built
    1985
    Lot size
    0.28 lot acres
    Property size
    3,491 SF
    Property type
    Office buildings
    APN
    66-03-08-4-000-071.001
    APU
    6603084000071001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Shores
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6835
    Latitude
    30.2689
    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
    $2,542
    $24,060
    $52,960
    $77,020
    -
    $120,300
    $264,800
    $385,100

    Comparable in this City

    • Value Estimation by Request
      640 SF

      Gulf Shores, AL 36542

      OFFICE BUILDING • 640 SF
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    • 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
      $910,000
      3,770 SF

      1229 Gulf Shrs Pkwy, Unit 3

      OFFICE BUILDING • 3,770 SF
      1229 Gulf Shrs Pkwy, Gulf Shores, AL 36542-5929
      View Details

    Similar Nearby for Sale

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      Office building for sale with tenant in place until 2026.
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      Stunning Gulf Shores office, updated, prime location.
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      Prime Gulf Shores corner property near the beach.
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    Similar Nearby for Lease

    • $3,500 /Mo
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      Gulf Shores Office Space For Lease

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    • $3,300 /Mo
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      Prime Gulf Shores Office, 3000 sq ft
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    • $3,500 /Mo
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      Gulf Shores Office Space For Lease

      Modern Gulf Shores Office, 1250 SF
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    • $1,250 /Mo
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      Gulf Shores Office Space For Lease

      Modern 500 sq ft office suite in prime location.
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    • $32 SF/Yr
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      Gulf Shores Office Space For Lease

      Beachfront Office, High Visibility, Immediate Occupancy
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    • $2,650 /Mo
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      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 36542-3511
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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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