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    Property profile & analytics

    217 Gulf Shrs Pkwy, Unit 1 Gulf Shores, AL 36542-6407

    • Investment properties
    • 26,989 SF
    • 1.63 lot acres
    OFF-MARKET
    Value Estimation
    $955,000
    Location Intelligence
    Property ID
    US03-1043209
    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

    • Investment properties

    Property Details for 217 Gulf Shrs Pkwy

    Year built
    1997
    Lot size
    1.63 lot acres
    Property size
    26,989 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    66-04-20-1-000-068
    APU
    6604201000068

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $850,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,155,000
      6.5%
      $1,185,000
      7%
      $1,155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,300,000
      Geo Method
      $1,315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,355,000
      Retail
      $1,340,000
      Mixed-Use
      $1,095,000
      Hospitality
      $1,395,000
      Educational
      $1,190,000
      Residential Income
      $1,205,000
      Energy
      $1,240,000
      Income-Based Land
      $1,395,000
      Food Service
      $1,085,000

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Shores
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6902
    Latitude
    30.2498
    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
    $43,277
    $654,160
    $657,260
    $1,311,420
    -
    $4,619,654
    $4,641,546
    $9,261,200

    Comparable in this City

    • Value Estimation
      $180,000
      12,690 SF

      2200 2nd St

      STORE/OFFICE (MIXED USE) • 12,690 SF
      2200 2nd St, Gulf Shores, AL 36542-3195
      View Details
    • Value Estimation
      $1,125,000
      7,222 SF

      229 20th Ave

      STORE/OFFICE (MIXED USE) • 7,222 SF
      229 20th Ave, Gulf Shores, AL 36542-5105
      View Details
    • Value Estimation
      $455,000
      9,197 SF

      1560 2nd St

      STORE/OFFICE (MIXED USE) • 9,197 SF
      1560 2nd St, Gulf Shores, AL 36542-4439
      View Details
    • Value Estimation
      $545,000
      4,565 SF

      15849 State Hwy 180

      STORE/OFFICE (MIXED USE) • 4,565 SF
      15849 State Hwy 180, Gulf Shores, AL 36542-8227
      View Details
    • Value Estimation
      $520,000
      19,980 SF

      3645 Gulf Shrs Pkwy

      STORE/OFFICE (MIXED USE) • 19,980 SF
      3645 Gulf Shrs Pkwy, Gulf Shores, AL 36542-2721
      View Details
    • Value Estimation
      $425,000
      12,225 SF

      3639 Gulf Shrs Pkwy

      STORE/OFFICE (MIXED USE) • 12,225 SF
      3639 Gulf Shrs Pkwy, Gulf Shores, AL 36542-2721
      View Details

    Similar Nearby for Sale

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      27,830 SF RE-DEVELOPMENT OPPORTUNITY
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    Similar Nearby for Lease

    • $3,500 /Mo
      1,250 SF

      Gulf Shores Office Space For Lease

      Modern Gulf Shores office, 1250 sq ft.
      2001 W 1st St, Gulf Shores, AL 36542
      View Details
    • $20 SF/Yr
      4,944 SF

      Class A Office Space Rental

      Class A office space available in Gulf Shores, Alabama.
      1585 Gulf Shores Pkwy, Gulf Shores, AL 36542
      View Details
    • $17 SF/Yr
      1,625 SF

      Office or Retail Space Available

      Office or retail space in newer building for lease.
      7300 Roscoe Rd, Gulf Shores, AL 36542
      View Details
    • $2,650 /Mo
      1,198 SF

      Gulf Shores Office Space Available

      Corner office suite in established Gulf Shores business park.
      1544 W 2Nd St, Gulf Shores, AL 36542
      View Details
    • $2,000 /Mo
      1,000 SF

      Gulf Shores Office Space For Lease

      Prime Gulf Shores location, affordable offices.
      2033 West 1st Street, Gulf Shores, AL 36542
      View Details
    • $32 SF/Yr
      2,050 SF

      Gulf Shores Office Space For Lease

      Beachfront Office, High Visibility, Immediate Occupancy
      613 GULF SHORES PKWY, Gulf Shores, AL 36542
      View Details
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    Gulf Shores, AL 36542-6407
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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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