Conventional Restaurant
For Sale
$340,000
2605 25th Avenue, Gulfport, MS 39501
Commercial Sale, Gulfport, MS
Property Size1,677 SF
Lot Size0.36 Acres
Price / SF$202.74
Days on Market140
Property Features for 2605 25th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B2
Bathrooms
1
Half bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Subdivision
Gulfport City
Lot features
Level, City Lot, Level, City Lot
Standard status
Active
APN
0811c-05-017.001
Size
1,677 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG AT INTER OF W MAR OF HWY 49 & N MAR OF 26TH ST W ALONG 26TH ST 111.9 FT N 138.9 FT N 88 DG E 113.7 FT TO HWY 49 S ALONG HWY 142.3 FT TO POB BEING PART OF LOT 9 & ALL OF LOTS 10 TO 14 BLK 21 ORIGINAL GULFPORT PART OF NW1/4 OF NE1/4 OF SEC 4-8-11
Tax Annual Amount
3791
Legal Description
BEG AT INTER OF W MAR OF HWY 49 & N MAR OF 26TH ST W ALONG 26TH ST 111.9 FT N 138.9 FT N 88 DG E 113.7 FT TO HWY 49 S ALONG HWY 142.3 FT TO POB BEING PART OF LOT 9 & ALL OF LOTS 10 TO 14 BLK 21 ORIGINAL GULFPORT PART OF NW1/4 OF NE1/4 OF SEC 4-8-11
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Listing Agency:
Sawyer Real Estate, Inc. Of Ms.
(228) 863-0232
Listed By:
Lenny Sawyer · License #B3550
(228) 861-1313
Added: Apr 22
Changed: Sep 2
Last Checked: Sep 8 at 2:06PM
MLS# 4146818
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This conventional restaurant property contains 1,677 square feet on a 0.36-acre parcel. The building features concrete flooring and includes two bathrooms, providing a straightforward physical configuration for restaurant use.
Located at 2605 25th Avenue in Gulfport, Mississippi, the property is served by public water and public sewer. Water is available to the site, supporting the existing commercial building and its restaurant classification.
Located at 2605 25th Avenue in Gulfport, Mississippi, the property is served by public water and public sewer. Water is available to the site, supporting the existing commercial building and its restaurant classification.
Key Highlights
- 1,677‑square‑foot conventional restaurant property
- 0.36‑acre parcel in Gulfport, MS
- Concrete flooring throughout the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,709
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$374,180
$374.2K
Cap Rate 7%
$267,271
$267.3K
Cap Rate 9%
$207,878
$207.9K
Market Conditions
NOI Build-Up for 1,677 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.8K $15.96/SF
− Vacancy
−$1.8K −$1.09/SF
EGI
$24.9K $14.87/SF
− OpEx
−$6.2K −$3.72/SF
NOI
$18.7K $11.16/SF
Area
Harrison County, MS
Vacancy
6.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$374,180
Cap Rate 7%
$267,271
Cap Rate 9%
$207,878
Alternative Uses
Best Use
Specialty Retail
$267.3K
$233.9K – $311.8K
NOI $18,709 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$270.2K
$236.4K – $315.2K
NOI $18,912 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
148k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 35%
Electronics 1%
Circle K
Shops & Services
27,965 visits/mo
0.1 miles
Dodge's Southern Style
Shops & Services
27,226 visits/mo
0.2 miles
Dollar Tree
Shops & Services
14,203 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
12,943 visits/mo
0.2 miles
Burger King
Dining
10,345 visits/mo
0.2 miles
Demographics for 39501, MS
22,599
Population
10,565
Households
2.1
Avg Household Size
35
Median Age
13%
College-Educated
78%
High-School Grad
14.4 sq mi
ZIP Area
1,569
Density / Sq Mi
$33,491
Median Household Income
$28,522
Median Earnings
$962
Median Rent
$115,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with concrete flooring and public water and sewer service.
Where is this conventional restaurant located?
The property is located at 2605 25th Avenue Gulfport, MS.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,677‑square‑foot conventional restaurant property; 0.36‑acre parcel in Gulfport, MS; Concrete flooring throughout the property
