2009 25Th Ave, Gulfport, MS 39501
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.
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
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.