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    18789 W Oak Road Gulf Shores, AL 36542

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 18789 W Oak Road

    Property type
    Land
    Property subtype
    Residential land & home lots

    Description

    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].

    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
    State
    Alabama

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    Similar Nearby for Sale

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    Similar Nearby for Lease

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    18789 W Oak Road
    Gulf Shores, AL 36542
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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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