1104 Railroad StLong Beach, MS 39560
- Mixed-use properties
- 14,250 SF
Property Details for 1104 Railroad St
- Year built
- 1985
- Lot size
- 0.29 AC
- Property size (Sq ft)
- 14,250 SF
- Property type
- Mixed-use properties
- Property subtype
- Retail residential properties
- APN
- 0711M-02-002.014
- APU
- 0711M02002014
Description
This exceptional 14,250-square-foot warehouse, located at 1104 E Railroad St in Long Beach, Mississippi, presents a compelling investment opportunity. Built in 1989, this single-story structure sits on a parcel identified by APN numbers 0711M-02-002.014 and 0711M-02-002.012, and is currently vacant, offering immediate occupancy. The property is zoned for industrial use, providing flexibility for a variety of businesses. Its prime location in Long Beach, Mississippi, zip code 39560, offers easy access to transportation routes and amenities. The building's substantial size and versatile zoning make it suitable for a wide range of industrial, warehouse, or even office applications. This is an excellent chance to acquire a well-situated industrial property in a thriving Mississippi coastal community. The asking price is $339,000. Serious inquiries are encouraged to explore this promising investment prospect. The property's coordinates are 30.3590552 latitude and -89.1281988 longitude. This is a rare opportunity to own a significant piece of industrial real estate in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,802,135
- 6.5%
- $2,586,586
- 7%
- $2,401,830
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,684,854
- Geo Method
- $1,570,200
-
Alternative Use
- Use
- Valuation
- Residential
- $2,586,586
- Hospitality
- $2,369,299
- Educational
- $1,971,229
- Medical
- $2,039,023
- Retail
- $3,066,356
Location Insight
- City
- Long Beach
- County
- Harrison
- State
- Mississippi
- Latitude
- 30.3589
- Longitude
- -89.1281
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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