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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    2009 25Th Ave, Gulfport, MS 39501

    1 ac lot
    Individually Owned 9-yr Hold
    Property ID
    US50-0167265
    Property summary
    AI-generated overview

    This exceptional 1-acre commercial lot, located at 2009 25th Avenue in Gulfport, Mississippi (APN: 0811f-05-062.000), presents a unique development opportunity. The property boasts significant highway frontage with 300 feet along Highway 49 and a depth of 100 feet. An additional adjacent lot, measuring 50 feet by 140 feet, is included, expanding the total usable area. The land has been cleared and is ready for immediate development, eliminating costly site preparation. Currently, an active Lamar Advertising sign is situated on the property, generating income with a lease extending until February 2023. This provides a potential revenue stream for the buyer during the development phase. The property's location in Harrison County, zip code 39501, offers excellent visibility and accessibility. Note that property taxes are expected to decrease following the removal of existing structures. All information should be independently verified by the buyer. This is an ideal opportunity for investors seeking a high-visibility location with immediate development potential.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1 ac (43,560 SF)
    APN 0811f-05-062.000
    UPID US50-0167265
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Diana S Adams · 9 yrs held
    Diana S Adams
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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