2400 Beach Dr Gulfport, MS 39507
Exceptional 2.27-acre commercial ground lease opportunity in Gulfport, Mississippi, presents a unique development prospect. Located at 2400 Beach Drive, this property boasts approximately 98,881 square feet of land and offers ±263.15 feet of stunning beachfront frontage. The site enjoys a prominent, signalized corner location at the intersection of Beach Drive and Debuys Road, ensuring high visibility and accessibility. Zoned R-B, T4+, this parcel is ideally suited for a variety of uses, including hospitality, restaurant, retail, or multi-family development. Its strategic position on the Gulfport-Biloxi line provides easy access to Highway 90 (E. Beach Boulevard) and connects seamlessly to coastal communities, casinos, restaurants, hotels, and entertainment venues. The high daily traffic count of over 23,000 vehicles underscores the exceptional exposure and potential for businesses targeting high visibility and accessibility. This is a rare chance to acquire a significant beachfront parcel with immense development potential in a thriving coastal location. The Harrison County parcel number is 1010P-01-003.000. The property is a single-tenant lease.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.