Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2001 E Pass Rd Gulfport, MS 39507

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $675,000

    Prime 0.88-acre commercial lot in Gulfport, MS.

    Property size:
    38,332 SF

    Property Features for 2001 E Pass Rd

    General Information

    Property type
    Other land
    Square Feet
    38,332 SF
    Price / Square Foot
    $17
    Elevators
    N/A
    Lot Size
    38,333 SF

    Overview

    Gulfport Commercial Land Investment

    This 0.88-acre commercial lot is located in Gulfport, Mississippi. The property is suitable for a variety of commercial developments, including retail, office, or mixed-use projects. Its location within a high-growth area provides visibility and accessibility, making it an ideal site for businesses. The property's size allows for development flexibility. The property is well-suited for developers and businesses seeking to capitalize on Gulfport's commercial landscape.

    We can help!

    Listing Contact
    Paul Salter

    Learn more

    Property Insight Report

    HighLights

    • 0.88‑acre commercial lot in high‑growth Gulfport, MS.
    • Ideal for retail, office, or mixed‑use development.
    • $675,000 asking price; presents strong investment potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gulfport School District ... School District Office Mardi Gras Supplies Party Supply Store

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Law Firm Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    State
    Mississippi
    Longitude
    -88.223195
    Latitude
    30.695973

    Nearby Similar for Sale

    • $687,000
      Pending

      Gulfport Commercial Opportunity For Sale

      6+ acres with 4 buildings near the beach.
      319 Courthouse Rd, Gulfport, MS 39507
      View Details
    • $383,000
      5,258 SF

      Mixed-Use Building Near MS Aquarium

      Mixed-use building near MS Aquarium in walkable downtown district.
      1501 24Th Ave, Gulfport, MS 39501
      View Details
    • $825,000
      Pending

      Versatile Commercial Property in Gulfport

      Adaptable commercial space with offices, warehouse, and ample storage.
      14321 Creosote Rd, Gulfport, MS 39503
      View Details
    • $430,000
      3,500 SF

      Renovated Commercial Building in Gulfport

      Move-in ready commercial building with expansion potential in high-traffic area.
      12473 Dedeaux Rd, Gulfport, MS 39503
      View Details
    • $236,200
      2,362 SF

      Gulfport Commercial Property For Sale

      Versatile property suitable for office, medical, or residential use.
      2412 23Rd Ave, Gulfport, MS 39501
      View Details
    • $225,000
      1,754 SF

      Gulfport Commercial Property For Sale

      Charming commercial property in central Gulfport, ideal for business.
      1904 22Nd Ave, Gulfport, MS 39501
      View Details
    • $698,000
      4,666 SF

      Versatile Commercial Investment Property

      Multi-building commercial property with income potential and expansion space.
      15237 Russell Blvd, Gulfport, MS 39503
      View Details
    • $299,900
      4,800 SF

      Commercial Space Near Downtown Gulfport

      Commercial space with tenants, warehouse, and income potential near downtown.
      1524 Pass Rd, Gulfport, MS 39507
      View Details
    • New
      $219,000
      1,422 SF

      Gulfport Commercial Live-Work Opportunity

      Live and work in style near Gulfport Harbor!
      1702 23Rd Ave, Gulfport, MS 39501
      View Details
    • $555,000
      6,557 SF

      Downtown Gulfport Commercial Building

      6,557 SF commercial building in the heart of downtown Gulfport.
      1513 24Th Ave, Gulfport, MS 39501
      View Details
    • $399,000
      2,400 SF

      Updated Convenience Store with Kitchen

      Revitalized convenience store with high traffic and equipped kitchen.
      16260 Robinson Rd, Gulfport, MS 39503
      View Details
    • $584,080
      2,086 SF

      New Waterfront Commercial Condo in Gulfport

      New 2,086 SF commercial condo in a mixed-use waterfront development.
      1302 Magnolia St, Gulfport, MS 39507
      View Details

    FAQs

    What type of property is this?
    Land - Prime 0.88-acre commercial lot in Gulfport, MS.
    Where is this land located?
    The property is located at 2001 E Pass Rd Gulfport, MS.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 0.88-acre commercial lot in high-growth Gulfport, MS.; Ideal for retail, office, or mixed-use development.; $675,000 asking price; presents strong investment potential.
    (850) 564-0120
    Request Owner's contact information
    2001 E Pass Rd Gulfport, MS 39507
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2001 E Pass Rd
    Gulfport, MS 39507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2001 E Pass Rd Gulfport, MS 39507
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Paul Salter
    (850) 564-0120
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!