6.78 Acres 28th Street

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6.78 Acres 28th Street

Long Beach, MS 39560
Asking Price
$599K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • A total of 6.78 acres of land is available for sale.
  • The property is positioned directly on the heavily traveled 28th Street.
  • The site is located in the coastal city of Long Beach, Mississippi.
  • This parcel is listed at an asking price of 599000 dollars.
  • The large acreage supports diverse retail or commercial development project types.

What's Special

This 6.78-acre tract of land on 28th Street in Long Beach, Mississippi, is currently available for sale, offering significant development potential for investors and businesses seeking a strategic foothold in a growing coastal market. The property benefits from its position along a heavily traveled corridor, providing visibility and accessibility that are essential for successful commercial operations. Long Beach remains a vital part of the Mississippi Gulf Coast economy, known for its steady growth and proximity to major regional transit routes. Given the substantial acreage and location, the site is well-suited for a variety of commercial use cases, ranging from retail developments and professional service centers to hospitality or light industrial applications. Investors looking to capitalize on land development within this active Mississippi submarket will find this parcel offers the scale required for large-scale projects. The site provides a flexible canvas for developers aiming to serve the local population and the broader regional commerce landscape.

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NOI
$80,000
Cap Rate
13.36%
DSCR
2.25
Strong
Cash-on-Cash
24.73%
Monthly Payment
$2,963.525
Annual Cash Flow
$44,437.698

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