Catylist ID:
#29573130
4.82 Acres of Beachfront Property Ready for High-Density Development
Vacant Land
for Sale
Also listed as Hospitality
| Catylist Listing ID: | 29573130 |
| Property Subtypes: | Hospitality, Multi-Family, Office, Retail, Retail-Pad, Vacation/Resort, Other |
| Gross Land Area: | 4.82 Acres |
| Sale Price: | $3,560,000 |
| Unit Price: | $738,589 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/4/2023 |
Overview / Comments
|
OPPORTUNITY ZONE! Great Beachfront Property located in a high-density transect (T-6 & T5 Smart Code) area. Ready for development, with an unobstructed, panoramic view of the beach, this is a great site for a hotel, restaurant, strip center, condos or other high-density mixed-use development. Property fronts Beach Drive to the south, Markham Drive to the east and Martin Avenue to the north and stretches along 7 parcels. Property has riparian rights. This site is less than 5 miles from U. S. Highway 49; ONLY a half mile from Highway 605 (Cowan - Lorraine Road); less than 6 miles from Interstate-10 and ONLY 7 miles from the Gulfport-Biloxi International Airport. Parcels Included: 1011D-03-035.000, 1011D-03-036.000, 1011D-03-037.000, 1011D-03-037.002, 1011D-03-038.000, 1011D-03-038.001, 1011D-03-045.000 Aerial photos, Previous Project Plans with Renderings and Survey available. FlyOver Video: https://youtu.be/IlVeU3kGhvE |
Attachments & Media
Additional Details
| Nearest MSA: | Gulfport-Biloxi |
| County: | Harrison |
| Taxing Authority: | Harrison County |
| Tax ID/APN: | 1011D-03-035.000, 1011D-03-036.000, 1011D-03-037.000, 1011D-03-037.002, 1011D-03-038.000, 1011D-03-038.001, 1011D-03-045.000 |
| Zoning: | T-6 & T5 SMART CODE AREA |
| Market Type: | Medium |
| Property Located Between: | Lorraine/Cowan (east) and Teagarden Rd (west) |
| Side of Street: | North |
| Road Type: | Highway |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Highway 90 (Beach Drive/Beach Blvd) |
| Feet of Frontage: | 369 |
| Traffic/Vehicle Count: | 25,000 |
| Transportation: | Rail, Highway, Airport, Taxi, Water/Ferry |
| Highway Access: | Less than 5 miles to HWY 49 (west), half a mile from HWY 605 (east), approximately 5.6 miles from Interstate 10 (north) |
| Airports: | Gulfport - Biloxi International Airport (approximately 7 miles NW) |
| Site Description: | This beachfront property consists of almost 5 acres of vacant land. There have been no wetlands noted on the property and the topography is generally level; however, it is above grade-level with Beach Dr. It has 369.7 ft of frontage along Beach Drive, 122.5 along Markham Dr and 319.7 along Martin Ave. |
| Lot Depth: | 757 |
| Zoning Description: | Zoning T-6 High-Density (mixed-use) Smart Code area & T5. |
| In Flood Plain?: | Yes |
| Topography: | Level |
| Soil Type: | Mixed |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,308 | 27,431 | 61,679 |
| Median Age: | 44.48 | 37.87 | 36.9 |
| Households: | 611 | 11,863 | 24,960 |
Contact
Sherry OwenOwen & Co. LLCGulfport, MS LACDB Member |
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