5 Acres Lorraine Road

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30148592
Property Subtypes: Free-Standing Building, Mixed Use, Other
Status: Pending
Building Size (RSF): 2,600 SF
Gross Building Area: See Agent
Sale Price: $184,000
Unit Price: $70.77 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2019

Overview / Comments

Approx. 5 acres zoned B-2 Commercial with 288 feet of road frontage on Lorraine Rd. Two rental houses with rents of $550 and $450 NNN and a warehouse/workshop.

Additional Details

Nearest MSA: Gulfport-Biloxi-Pascagoula
County: Harrison
Tax ID/APN: 1008K-01-002.000
Retail Clientele: Other
Property Located Between: Gould & Ollie
Property Visibility: Excellent
Largest Nearby Street: Hwy 605
Feet of Frontage: 288
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Average
Parking Type: Structure
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Internet Access: Other
Zoning Description: B-2 Commercial
Lot Frontage: 288
Lot Depth: 685
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 972 22,103 82,676
Median Age: 36.42 37.12 35.94
Households: 357 8,020 32,649


Photograph of Listing Agent

Rick Marshall

Gulfport, MS
LACDB Member
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