19099 Pineville RdLong Beach, MS 39560

Property Details for 19099 Pineville Rd

Year built

1970

Lot size

7.10 AC

Property size (Sq ft)

81,465 SF

Property type

Retail properties

Property subtype

Super regional malls

APN

0611N-03-010.000

APU

0611N03010000

Description

This exceptional retail property, located at 19099 Pineville Road in Long Beach, Mississippi, presents a compelling investment opportunity. The single-story, 82,520 square foot shopping center sits on a 7.1-acre lot and boasts a highly desirable location on a busy thoroughfare. Built in 1975, the property is zoned for General Commercial use and features a total of two suites. Currently, there is 10,560 square feet of vacant space available, divisible into units ranging from a minimum of 1,920 square feet to a maximum contiguous space of 8,640 square feet. The property benefits from strong existing tenancy, including established businesses such as Dominoes Pizza, AutoZone, Froogel's Grocery, Tuesday Morning, Hudson's Dirt Cheap, Fabulous Nails & Spa, and SmokeScreen Shop. The property's APN is 0611n-03-010.000 and its zip code is 39560. This location offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses seeking a high-traffic area in Long Beach. The property's size and flexible lease options provide significant potential for growth and return on investment. All information should be independently verified.

• CAP approach

  CAP return

  Valuation

  6%

  $18,990,698

  6.5%

  $17,529,874

  7%

  $16,277,741

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,659,841

  Geo Method

  $14,594,194

• Alternative Use

  Use

  Valuation

  Residential

  $14,787,105

  Hospitality

  $13,544,909

  Educational

  $11,269,205

  Medical

  $11,656,770

  Retail

  $17,529,874

Location Insight

City

Long Beach

County

Harrison

State

Mississippi

Latitude

30.3572

Longitude

-89.1587

CBSA code

25060

CBSA name

GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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