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    OFF-MARKET
    Land

    4700 Old Pass Rd, Gulfport, MS 39501

    3.13 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.13-acre parcel, located at 4700 Old Pass Road in Gulfport, Mississippi, presents a unique opportunity for multi-family development. The property consists of five contiguous parcels (0711K-04-039.001, 0711K-04-038.000, 0711K-04-039.000, 0711K-04-041.003, and 0711K-04-041.000) situated off Old Pass Road near Broad Avenue. This prime location offers convenient access to essential amenities, including the nearby Keesler Air Force Base and a hospital. The land is serviced by city water and sewer, and existing streets provide excellent infrastructure for development. Its proximity to the base and hospital makes it an ideal location for an apartment complex, catering to a high demand for housing in this area. The asking price for this exceptional development opportunity is $262,500. This is a rare chance to acquire a sizable, well-located parcel ready for immediate development. Don't miss this chance to build your next successful multi-family project.

    Property profile
    Verified
    Property type Land
    Lot 3.13 ac (136,343 SF)
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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