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    Old Highway 49 Gulfport, MS 39503

    For Sale
    $3,216,000

    Prime Development Land, 268 Lots, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 130-acre commercial land parcel in Gulfport, Mississippi, presents a unique investment opportunity. Located on Old Highway 49, zip code 39503, this property boasts 268 fully entitled and shovel-ready lots, perfect for immediate development within a master-planned community. The land is zoned for master-planned community use, and all necessary entitlements are in place, including a COE wetlands permit. Water and sewer services are readily available via the City of Gulfport. The asking price is $3,216,000, translating to $12,000 per acre. The potential for Tax Increment Financing (TIF) exists, although reinstatement is required. This prime location in Harrison County offers unparalleled access to infrastructure and presents significant potential for substantial returns. The property's "shovel-ready" status minimizes development delays, allowing for a swift commencement of construction and maximizing return on investment. This is an exceptional opportunity to acquire a large-scale, fully entitled commercial land parcel in a rapidly growing area of Mississippi.

    Property Features for 0 Old Highway 49

    General Information

    Property type
    Land
    Lot Size
    5,662,800 SF

    HighLights

    • $3,216,000 asking price for 130 acres of commercial land.
    • Located in Gulfport, Harrison County, Mississippi, zip code 39503.
    • Master Planned Community zoning.
    • 268 fully entitled, shovel‑ready lots.
    • Includes Coe Wetland Permit and readily available water & sewer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.1085307
    Latitude
    30.4826546

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    FAQs

    What type of property is this?
    Land - Prime Development Land, 268 Lots, Ready to Build
    Where is this land located?
    The property is located at Old Highway 49 Gulfport, MS.
    What is the asking price?
    The asking price for this property is $3,216,000.
    What are key features of this property?
    This property features: $3,216,000 asking price for 130 acres of commercial land.; Located in Gulfport, Harrison County, Mississippi, zip code 39503.; Master Planned Community zoning.
    (228) 547-0707
    Request Owner's contact information
    Old Highway 49 Gulfport, MS 39503
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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
    Old Highway 49 Gulfport, MS 39503
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