0 Lorraine Rd Gulfport, MS 39503
This exceptional 3.4-acre parcel boasts approximately 690 feet of highly visible frontage on New and Old Lorraine Road in Gulfport, Mississippi. The property enjoys a strategic location, experiencing approximately 34,000 vehicles daily, offering unparalleled exposure for commercial ventures. Its proximity to Interstate 10 (approximately 2 miles south) and Seaway Road (approximately 1 mile south) ensures excellent accessibility. Furthermore, the land is conveniently situated within one mile of several established residential neighborhoods including Bayou Oaks, Brighton Place, Stanton Circle, Waterside, and Brookstone, presenting a unique opportunity for mixed-use development. The property is zoned for both commercial and residential uses, providing flexibility for a variety of development plans. The seller is open to considering subdivision options to accommodate specific buyer needs, making this a highly adaptable and attractive investment opportunity. The asking price for this exceptional property is $1,100,000. Located in Harrison County, Mississippi, with a zip code of 39503, this land presents a rare chance to capitalize on a prime location in a thriving Gulfport community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.