Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    860 23Rd Ave Gulfport, MS 39501

    For Sale
    $4,500,000

    2.6-Acre Commercial/Farm Tract, Gaming Approved

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.6-acre property, located at 860 S 23rd Ave in Gulfport, Mississippi (APN: 0811K-02-007.001), presents a unique investment opportunity. Zoned for General Commercial use, this land boasts a strategic location north and adjacent to the Yacht Club, offering unparalleled visibility and access. The property's composition includes 1.8 acres of hard land and 0.8 acres of bottom land, providing versatility for various development plans. Previously approved for gaming development, this site offers significant potential for a wide range of commercial ventures. Its prime location within the vibrant Gulfport harbor ensures high traffic and exposure, making it an ideal site for businesses seeking a prominent presence in this thriving coastal community. The asking price for this remarkable property is $4,500,000. The property's zoning and previous approvals significantly reduce development hurdles, making it an attractive investment for developers and entrepreneurs alike. This is a rare opportunity to acquire a substantial parcel of land in a highly desirable location with a proven track record of commercial viability. The 39501 zip code offers easy access to major transportation routes and amenities, further enhancing the property's appeal.

    Property Features for 860 23Rd Ave

    General Information

    Property type
    Farms
    Lot Size
    113,256 SF

    HighLights

    • $4,500,000 asking price.
    • 2.6‑acre land parcel.
    • General Commercial zoning.
    • Located at 860 S 23rd Ave, Gulfport, MS 39501 (APN: 0811K‑02‑007.001).
    • Previously approved for gaming development.
    • Situated near the Gulfport harbor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.0893297
    Latitude
    30.3654046

    Nearby Similar for Sale

    • New
      $1,475,000
      5,040 SF

      Gulfport Child Care Center

      Turnkey day care center in a central location.
      11376 Three Rivers Rd, Gulfport, MS 39503
      View Details
    • $1,300,000
      14,000 SF

      Gulfport Mixed-Use Retail Opportunity

      Versatile 14,000+ sq ft property near beaches and downtown.
      1720 Pass Rd, Gulfport, MS 39501
      View Details
    • $336,500
      1,500 SF

      Turnkey Beachside Duplex in Gulfport

      Furnished duplex near the beach with income potential.
      4409 Ford St, Gulfport, MS 39501
      View Details
    • New
      $795,000
      5,243 SF

      Renovated Office Building in Gulfport

      Recently renovated office building with parking and accessibility features.
      1201 31St Ave, Gulfport, MS 39501
      View Details
    • $255,000
      Pending

      Downtown Gulfport Versatile Office Building

      Professionally designed office building in the heart of Gulfport.
      1626 24Th Ave, Gulfport, MS 39501
      View Details
    • New
      $240,000
      2,460 SF

      Gulfport Duplex: Investor Opportunity

      Vacant duplex in Gulfport, MS, ideal for investors.
      2212 21St Ave, Gulfport, MS 39501
      View Details

    FAQs

    What type of property is this?
    Farm - 2.6-Acre Commercial/Farm Tract, Gaming Approved
    Where is this farm located?
    The property is located at 860 23Rd Ave Gulfport, MS.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: $4,500,000 asking price.; 2.6-acre land parcel.; General Commercial zoning.
    Request Owner's contact information
    860 23Rd Ave Gulfport, MS 39501
    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.
    860 23Rd Ave
    Gulfport, MS 39501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    860 23Rd Ave Gulfport, MS 39501
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.