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Property profile

0 Cowan Rd Gulfport, MS 39507

OFF-MARKET
Retail properties & Spaces
9.1 ac lot
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Property summary

AI-generated overview

This exceptional 9.1-acre commercial land parcel, located at 0 Cowan Rd, Gulfport, MS 39507, presents a unique development opportunity. The property boasts 173 feet of frontage on Cowan Road and is situated in a high-growth area of Gulfport, just five miles from both downtown and the Gulfport-Biloxi International Airport. Its strategic location is enhanced by its proximity to medical office buildings and St. James Catholic Church, ensuring high visibility and accessibility. The land is zoned B-2, allowing for a variety of commercial uses including retail, office, hospitality, and medical facilities. The level topography simplifies development, and the individual lots are available for purchase. This assemblage comprises multiple parcels (APN: 1010M-01-016.000, 1010M-02-001.000-006), totaling 9.1 acres, priced at $1,495,000 ($164,286/acre). The seller is open to build-to-suit options, making this an ideal investment for developers seeking a prime location with significant potential for return. The area is experiencing considerable infill development, particularly in the medical and professional office sectors, further solidifying the property's value and long-term prospects. This is a rare opportunity to acquire a substantial land holding in a thriving Mississippi coastal community.

Property profile

Verified
Property type Retail properties & Spaces
Lot 9.1 ac (396,396 SF)

Cap rate & NOI

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

Location

Cowan Rd Gulfport, MS 39507
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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