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    860 23Rd Ave Gulfport, MS 39501

    For Sale
    $3,500,000

    1.8-acre waterfront site, gaming-approved.

    Property size:
    113,256 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 3.5 million dollar property presents a unique investment opportunity in the vibrant Gulfport Harbor. Situated at 860 S 23rd Avenue, this 1.8-acre site boasts a prime location with significant development potential. The property includes 1.8 acres of hard land and an additional 0.8 acres of bottom land, offering versatile options for a variety of projects. A key advantage is the property's pre-approved status for gaming, significantly streamlining the development process and reducing potential hurdles. The substantial 113,256 square foot area provides ample space for a large-scale development. This location within the heart of Gulfport Harbor offers unparalleled access to the city's amenities and attractions, ensuring high visibility and strong potential for return on investment. The property's unique combination of size, location, and pre-approved gaming status makes it an exceptional opportunity for developers seeking a high-impact project in a thriving coastal market. Serious inquiries only. This is a rare chance to acquire a truly exceptional piece of Gulfport real estate. The property is offered at $3,500,000.

    Property Features for 860 23Rd Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    113,256 SF
    Lot Size
    78,408 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.09148
    Latitude
    30.36246

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    FAQs

    What type of property is this?
    Commercial real estate - 1.8-acre waterfront site, gaming-approved.
    Where is this commercial real estate located?
    The property is located at 860 23Rd Ave Gulfport, MS.
    What is the asking price?
    The asking price for this property is $3,500,000.
    (228) 863-0232
    Request Owner's contact information
    860 23Rd Ave Gulfport, MS 39501
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    Gulfport, MS 39501
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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
    860 23Rd Ave Gulfport, MS 39501
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