7767 Roscoe Rd Gulf Shores, AL 36542
This exceptional 5-acre commercial property in Gulf Shores, Alabama, presents a remarkable investment opportunity. Located at 7767 Roscoe Rd, 36542, this land boasts prime frontage on the high-traffic Foley Beach Express (21,785 vehicles per day) and Roscoe Road. The property includes two acres zoned for multifamily development and three acres designated as Extended Business District (B1-A). Currently on the site is an 1848 sq ft, 3-bedroom, 2-bathroom brick home, along with RV spaces and a garage/workshop featuring an above-garage apartment. The potential exists to acquire an additional 5 contiguous acres, expanding the total to 10 acres with significant frontage on both major roadways. The City of Foley is actively planning a connection between Wolf Bay Drive and Foley Beach Express via Roscoe Road, further enhancing the property's value and accessibility. The property's location between two expressway crossovers provides exceptional visibility and convenience. The asking price is $2,000,000. Detailed zoning information and descriptions are available upon request. Owner financing may be available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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