Property profile

4700 Old Pass Rd Gulfport, MS 39501

OFF-MARKET
Land
3.13 ac lot
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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

Location

4700 Old Pass Rd Gulfport, MS 39501
Gulfport metro
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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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