Gulfport Highlands Development
For Sale
Contact for pricing
Highway 605 & John Ross Road, Gulfport, MS 39503
30.5-acre development site suitable for retail, restaurant, or office use.
Property SizeContact for details
Lot Size30.50 Acres
Days on Market1351
Property Features for Highway 605 & John Ross Road
General Information
Standard status
Active
Lot size
30.50 Acres
Property subtype
Land
Listing Agency:
Vallas Realty
Listed By:
Robert Cook · License #AL 000083873
(251) 344-1444
Source:
Crexi
Added: Dec 21, 2022
Changed: Aug 14
Last Checked: Sep 1 at 2:45AM
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 Vallas Realty
Investment Insights
Based on property information with market context.
Gulfport Highlands, situated at the intersection of Highway 605 and John Ross Road, presents a development opportunity suitable for retail, restaurant, medical, or office use. This approximately 30.5-acre development is strategically located in a high-growth corridor of Harrison County, less than one mile from I-10. The outparcels along Highway 605 are zoned B2, offering excellent visibility for quick-service restaurants, retail establishments, or office users. The rear acreage, zoned RB - Residential Business, is suitable for office or medical users. Gulfport Highlands is located in a Qualified Opportunity Zone and is also eligible for New Market Tax Credits and Health Care Industry Zone incentives. It is less than 5 miles from Garden Park Medical Center. The Health Care Industry Zone Incentive provides sales and property tax abatements for up to ten years on health care-related development. New Market Tax Credits are applicable and can be utilized across various development types, sold, and used for project equity. Qualified Opportunity Zone benefits include deferring taxes, stepping up the basis from previous investments, and potentially avoiding tax on development gains, depending on the holding period (7-10 years). Census tract 28047003206.
Key Highlights
- Located in a Qualified Opportunity Zone, offering various tax benefits.
- Eligible for New Market Tax Credits, which can be used for project equity.
- Located in a Health Care Industry Zone, providing sales and property tax abatements for up to ten years on health care related development.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 39503, MS
53,643
Population
22,533
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
92%
High-School Grad
114.3 sq mi
ZIP Area
469
Density / Sq Mi
$61,298
Median Household Income
$36,241
Median Earnings
$1,087
Median Rent
$193,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 30.5-acre development site suitable for retail, restaurant, or office use.
Where is this commercial land located?
The property is located at Highway 605 & John Ross Road Gulfport, MS.
What are key features of this property?
This property features: Located in a Qualified Opportunity Zone, offering various tax benefits.; Eligible for New Market Tax Credits, which can be used for project equity.; Located in a Health Care Industry Zone, providing sales and property tax abatements for up to ten years on health care related development.
