Two-Parcel Commercial
For Sale
$220,000
2725 26th Ave, Gulfport, MS 39501
Includes a warehouse and a boarded home, with both structures requiring substantial repair or redevelopment.
Property Size2,100 SF
Price / SF$104.76
Days on Market18
Property Features for 2725 26th Ave
General Information
Standard status
Active
Size
2,100 SF
Taxes and HOA fees
Annual Taxes
$1,128
Listing Agency:
Century 21 Busch Realty Group
(228) 860-8855
Listed By:
Maria A Picolo · License #S44009
(228) 860-8855
Source:
Exprealty
Added: Jul 17
Changed: Aug 2
Last Checked: Aug 2 at 5:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Busch Realty Group
Investment Insights
Based on property information with market context.
This commercial land offering includes two separately identified parcels at 2725 26th Ave in Gulfport, Mississippi. Existing improvements consist of a 1970 warehouse with a half bath and a home built in 2007 on the second parcel. The warehouse has roof damage, while the home is boarded and its condition is unknown. Both structures require significant repair or redevelopment, creating a property profile centered on evaluation, renovation, replacement, or new construction. The sale is offered AS IS, WHERE IS, with no seller repairs. Buyers are responsible for independently verifying zoning, intended use, dimensions, and physical condition before proceeding.
Key Highlights
- Two separate parcels included at 2725 26th Ave, Gulfport, MS
- 1970 warehouse with a half bath
- Warehouse has sustained roof damage
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.1k | $8.64 |
| − Vacancy | −$1.4k | −$0.67 |
| EGI | $16.7k | $7.97 |
| − OpEx | −$2.5k | −$1.19 |
| NOI | $14.2k | $6.77 |
2,100 SF · lease $8.64/SF/yr · vacancy 7.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$203.1K
$177.7K – $237.0K
NOI $14,219 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$338.3K
$296.0K – $394.7K
NOI $23,682 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Explore this area
Business Placement
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Includes a warehouse and a boarded home, with both structures requiring substantial repair or redevelopment.
Where is this commercial land located?
The property is located at 2725 26th Ave Gulfport, MS.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two separate parcels included at 2725 26th Ave, Gulfport, MS; 1970 warehouse with a half bath; Warehouse has sustained roof damage
