0 Cowan Rd, Gulfport, MS 39507
This 0.21-acre commercial lot in Gulfport, Mississippi, presents a unique investment opportunity. Located on Cowan Road, this rectangular, level lot boasts chain-link fencing and is conveniently situated near the beach, offering easy access to 32 miles of beachfront along the Mississippi Sound. The property features a sparse live oak canopy, providing some shade. Its T4 zoning allows for single or multi-family residential development, subject to setback requirements. The lot's proximity to Highway 90 (Beach Boulevard) and I-10 ensures excellent accessibility. Within a short distance, you'll find restaurants, grocery stores, and a shopping center. The location is ideal for overnight rentals, as Gulfport currently doesn't regulate Airbnbs. The property's APN is 1010l-02-030.000, and a virtual tour is available online. This is a cleared, subdivided lot in a prime location, offering significant potential for development. The lot is just two blocks south of local amenities, providing convenience and accessibility for residents and visitors alike. The area also features an 8-mile multi-functional pathway, historical sites, and park benches, enhancing the overall appeal and livability of the neighborhood. The asking price for this exceptional property is $93,900. The zip code is 39507.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.