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    4700 Old Pass Rd Gulfport, MS 39501

    For Sale
    $262,500

    Prime multi-family development land near hospital.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.13-acre parcel, located at 4700 Old Pass Road in Gulfport, Mississippi, presents a unique opportunity for multi-family development. The property consists of five contiguous parcels (0711K-04-039.001, 0711K-04-038.000, 0711K-04-039.000, 0711K-04-041.003, and 0711K-04-041.000) situated off Old Pass Road near Broad Avenue. This prime location offers convenient access to essential amenities, including the nearby Keesler Air Force Base and a hospital. The land is serviced by city water and sewer, and existing streets provide excellent infrastructure for development. Its proximity to the base and hospital makes it an ideal location for an apartment complex, catering to a high demand for housing in this area. The asking price for this exceptional development opportunity is $262,500. This is a rare chance to acquire a sizable, well-located parcel ready for immediate development. Don't miss this chance to build your next successful multi-family project.

    Property Features for 4700 Old Pass Rd

    General Information

    Property type
    Land
    Lot Size
    136,343 SF

    HighLights

    • 3.13‑acre multi‑family development site in Gulfport, MS.
    • Located at 4700 Old Pass Road, near Broad Avenue and Keesler Air Force Base.
    • Five contiguous parcels (0711K‑04‑039.001, 0711K‑04‑038.000, 0711K‑04‑039.000, 0711K‑04‑041.003, 0711K‑04‑041.000) with city water and sewer.
    • Excellent access to amenities, including Keesler AFB and a hospital.
    • $262,500 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.123535710601
    Latitude
    30.365529788981

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    FAQs

    What type of property is this?
    Land - Prime multi-family development land near hospital.
    Where is this land located?
    The property is located at 4700 Old Pass Rd Gulfport, MS.
    What is the asking price?
    The asking price for this property is $262,500.
    What are key features of this property?
    This property features: 3.13-acre multi-family development site in Gulfport, MS.; Located at 4700 Old Pass Road, near Broad Avenue and Keesler Air Force Base.; Five contiguous parcels (0711K-04-039.001, 0711K-04-038.000, 0711K-04-039.000, 0711K-04-041.003, 0711K-04-041.000) with city water and sewer.
    (228) 256-4936
    Request Owner's contact information
    4700 Old Pass Rd 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
    4700 Old Pass Rd Gulfport, MS 39501
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