FORMER USDA FACILITY | ~4.6 AC REDEVELOPMENT

Industrial for Sale
Catylist Listing ID: 30400997
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Research & Development, Other
Building Size (RSF): 37,481 SF
Gross Building Area: See Agent
Gross Land Area: 4.65 Acres
Sale Price: $1,750,000
Unit Price: $46.69 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 12/6/2019

Overview / Comments

SOUTHEAST COMMERCIAL is please to offer 3505 25th Avenue (US Highway 49), Gulfport, MS, 39501. Property possesses approximately ~4.65 Acres of land with 528 LF of frontage on US Highway 49, which averages ~47,000 vehicles per day according to the Mississippi Department of Transportation. Less than three and a half miles from Gulfport-Biloxi International Airport, the Property has great potential for many redevelopment uses. Also nearby, and less than two miles to the Property’s south, is the Port of Gulfport; which is the Gulf of Mexico’s third largest container seaport in the United States. The Property is entirely enclosed by a perimeter fence and is bordered to the west and to the north by Coca-Cola Bottling Company.
This Property is a former USDA Laboratory which was improved over the last several decades with 17 buildings having ~37,481 of gross square footage. Property is being sold "AS-IS" and "WHERE-IS".

Additional Details

Nearest MSA: Gulfport-Biloxi-Pascagoula
County: Harrison
Tax ID/APN: 0810K-02-008.000
Property Located Between: Corner of Highway 49 and 34th Street
Total Number of Buildings: 17
Property Condition: Average
Year Built: 1980
Parking Type: Surface
Lot Frontage: 535
Lot Depth: 384
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,521 31,763 79,885
Median Age: 33.34 35.9 36.05
Households: 2,278 12,311 30,676

Contact

Photograph of Listing Agent

Tim Carlson

Southeast Commercial of MS, LLC Gulfport, MS 39501
Gulf Coast CMLS Member
Photograph of Listing Agent

Monte Luffey

Southeast Commercial of MS, LLC Gulfport, MS 39501
Gulf Coast CMLS Member
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