18789 W Oak Road, Gulf Shores, AL 36542
Exceptional investment opportunity: a partially completed 32-unit RV park on 6.08 acres in Gulf Shores, Alabama (zip code 36542), located at 18789 W Oak Road. This fully entitled project is situated adjacent to the Gulf Shores Sportsplex and just 6 miles from Gulf Shores Beach, offering significant potential for rental income or individual lot sales. The property includes an existing historically designated short-term rental, potentially adaptable into a clubhouse. Infrastructure already in place includes a detention pond, drainage to the pond, fresh water, city sewer, electrical conduit, fire hydrants, and a completed road. Remaining infrastructure needs include road stripping and electrical wire and transformers. The property is priced at $1,495,000. This represents a compelling opportunity for investors seeking high returns in a prime location. The short-term rental is detailed at [link removed].
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.