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: |
4/19/2024 |
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 |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
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