Apts, Assisted Living or Residential Development Site

Vacant Land for Sale
Catylist Listing ID: 29999551
Property Subtypes: Multi-Family, Other
Gross Land Area: 16 Acres
Sale Price: $2,000,000
Unit Price: $125,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2023

Overview / Comments

Excellent location where Hwy 15 and Lamey Bridge meet, surrounded by Bridgewood and Longwood developed communities.

Well suited for an apartment community, assisted living or other residential development. Mitigation credits were already purchased. High elevation, not in a flood zone.

Past Plans for an Apt community are attached. Although current zoning is low-density, previous zoning was approved for new development of High Density Multifamily.


FlyOver Video: https://youtu.be/t4TopC_AM9M

Additional Details

Nearest MSA: Gulfport-Biloxi
County: Harrison
Taxing Authority: HARRISON COUNTY
Tax ID/APN: 1407 -28-011.000
Property Located Between: Lamey Bridge Rd and Hwy 15
Property Visibility: Excellent
Legal Description: On File
Largest Nearby Street: Hwy 15
Feet of Frontage: 1,590
Highway Access: Hwy 15 to Hwy 67 to Interstate 10
Site Description: Level wooded
Lot Frontage: 1590
Lot Depth: 776
Zoning Description: R-1 Residential
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,751 47,105
Median Age: 34.34 36.06
Households: 7,008 18,346


Photograph of Listing Agent

Sherry Owen

Owen & Co. LLC
Gulfport, MS
LACDB Member
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