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    OFF-MARKET
    Land

    0 Cowan Rd, Gulfport, MS 39507

    0.21 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.21 ac (9,148 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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