0 Old Highway 49 Gulfport, MS 39503
This exceptional 130-acre commercial land parcel in Gulfport, Mississippi, presents a unique investment opportunity. Located on Old Highway 49, zip code 39503, this property boasts 268 fully entitled and shovel-ready lots, perfect for immediate development within a master-planned community. The land is zoned for master-planned community use, and all necessary entitlements are in place, including a COE wetlands permit. Water and sewer services are readily available via the City of Gulfport. The asking price is $3,216,000, translating to $12,000 per acre. The potential for Tax Increment Financing (TIF) exists, although reinstatement is required. This prime location in Harrison County offers unparalleled access to infrastructure and presents significant potential for substantial returns. The property's "shovel-ready" status minimizes development delays, allowing for a swift commencement of construction and maximizing return on investment. This is an exceptional opportunity to acquire a large-scale, fully entitled commercial land parcel in a rapidly growing area of Mississippi.
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.