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    159 16Th St Gulfport, MS 39507

    Sponsored
    For Sale
    $498,500

    Prime 1.7-acre commercial lot, beach access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.7-acre commercial land parcel presents a unique investment opportunity in the desirable Gulfport, Mississippi area. Located just one block from the beach, this property boasts stunning views of the Gulf and is shaded by mature oak trees. The lot is zoned T4 and T4+, allowing for a variety of development options, including zero-lot-line homes, townhomes, or multifamily residential projects. Its strategic location offers excellent visibility and accessibility. The property's frontage extends along 16th Street, reaching South Railroad Street, with convenient access also available from Palmetto Street. This prime location provides easy access to the beach and the vibrant Gulfport community. The expansive lot size and flexible zoning regulations make this an ideal site for developers seeking to capitalize on the high demand for coastal residential properties. The asking price is $498,500. Don't miss this chance to acquire a highly sought-after piece of Gulfport real estate.

    Property Features for 159 16Th St

    General Information

    Property type
    Land
    Lot Size
    74,052 SF

    HighLights

    • 1.7‑acre commercial land parcel in desirable Gulfport, MS.
    • One block from the beach with Gulf views and mature oak trees.
    • Zoned T4 & T4+, allowing for zero‑lot‑line homes, townhomes, or multifamily development.
    • Excellent visibility and accessibility with frontage on 16th Street, extending to South Railroad Street, and access from Palmetto Street.
    • Asking price: $498,500.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.04264668795
    Latitude
    30.381040523382

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    FAQs

    What type of property is this?
    Land - Prime 1.7-acre commercial lot, beach access.
    Where is this land located?
    The property is located at 159 16Th St Gulfport, MS.
    What is the asking price?
    The asking price for this property is $498,500.
    What are key features of this property?
    This property features: 1.7-acre commercial land parcel in desirable Gulfport, MS.; One block from the beach with Gulf views and mature oak trees.; Zoned T4 & T4+, allowing for zero-lot-line homes, townhomes, or multifamily development.
    (228) 256-4936
    Request Owner's contact information
    159 16Th St Gulfport, MS 39507
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    Gulfport, MS 39507
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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
    159 16Th St Gulfport, MS 39507
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