Property profile

12387 Us 49 Gulfport, MS 39503

OFF-MARKET
Retail properties & Spaces
2,305 SF 1.8 ac lot Built 1946
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Property summary

AI-generated overview

This exceptional offering presents a unique investment opportunity: the iconic Rebel Dip restaurant, situated on a highly visible 1.8-acre lot at 12387 US Hwy 49 in Gulfport, MS (zip code 39503). The property boasts 276 feet of highway frontage, ensuring high visibility and accessibility for customers. The sale includes the existing 2,305 square foot restaurant building (built in 1946), all fixtures, furniture, and equipment (FF&E), and a separate 2,300 square foot home/office. The property is zoned B-4 - Highway Business District, the highest zoning classification available on this stretch of Highway 49, offering significant redevelopment potential. The high-traffic location, with an average daily count of 44,000 vehicles, is complemented by nearby established businesses such as Planet Fitness, uBreakiFix, Little Caesar's, and The First Bank. The asking price is $1,750,000, translating to $759.22 per square foot. This versatile property is ideal for a variety of retail concepts, offering a compelling blend of established business and significant development potential. The property's parcel number is 0808D-04-005.000. The ample parking and convenient access points make this a truly exceptional opportunity in a prime Gulfport location. This is a rare chance to acquire a piece of Gulfport history with significant future upside.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1946
Total area 2,305 SF
Lot 1.8 ac (78,408 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12387 Us 49 Gulfport, MS 39503
Gulfport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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