0 Polk And Hwy 49 Street

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0 Polk And Hwy 49 Street

Gulfport, MS 39501
Asking Price
$395K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for acquisition in Gulfport
  • Site measures approximately 150 by 280 feet
  • Located at the intersection of Polk Street and Highway 49
  • Priced at 395000 dollars for prospective buyers
  • Positioned in an active regional economic corridor

What's Special

This land parcel is currently for sale, providing a strategic acquisition for investors or developers seeking well-positioned real estate in Gulfport, Mississippi. Spanning approximately 150 by 280 feet, the site occupies a commercial location near the intersection of Polk Street and Highway 49. The Gulfport market serves as a vital economic hub along the Mississippi Gulf Coast, benefiting from proximity to major transit corridors and a consistent influx of regional commerce. Given the high-visibility location, this asset is suitable for a variety of commercial developments requiring easy access to primary thoroughfares. The lot dimensions offer flexibility for planning site layouts tailored to specific business operations or speculative development goals within this growing coastal submarket.

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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