Prime 2 Acre Retail Development Site
$777,000
Landon Road, Gulfport, MS 39503
For Sale
Land
Active
Last Updated: 09/09/2024
2.05 acres
Lot Area
Details:
Lot Area: 2.05 acres
Description:
Fantastic retail development site surrounded by nearly 1 Million square feet of additional retail. #1 Retail Trade Area in South Mississippi and across the street from Sam's Club. This property was purchased by seller for $1.7 million in 2009 for the purpose of a 30,000 s.f. shopping center. He is now retiring and is very motivated to sell.
This is a leasehold interest on 16th Section Land owned and controlled by the Harrison County School District. The original lease expires in 2047 and includes 1 25 year option after that. The monthly ground rent is currently $2,160.34. There are annual increases.
Documents:
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| 2.05AcrePrimeDevelopmentSite-1 |
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Location
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