You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

49 Old Hwy Lyman, MS 39503

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses 268 fully entitled lots, perfectly positioned for immediate multifamily development in the thriving city of Gulfport, Mississippi. Located at 0 Old Highway 49, this prime parcel is zoned MPC (Master Planned Community) and boasts a comprehensive array of entitlements, significantly reducing development hurdles and accelerating project timelines. The property includes APNs 0706-17-009.00, 0706-18-001.000, and 0705-07-008.000, ensuring clear title and streamlined transactions. Key entitlements include a crucial COE (Certificate of Eligibility) Wetlands Permit, eliminating potential environmental delays. Furthermore, the site benefits from readily available water and sewer infrastructure via the City of Gulfport, ensuring seamless utility connections. The potential for Tax Increment Financing (TIF) exists, subject to reinstatement, offering further financial advantages. This "shovel-ready" status, combined with the existing infrastructure and entitlements, presents a rare opportunity for significant returns in a rapidly growing market. The asking price for this expansive land holding is $3,216,000. Don't miss this chance to acquire a substantial portfolio of fully entitled lots in a prime Mississippi location.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 49 Old Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
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