1104 Railroad StLong Beach, MS 39560

Property Details for 1104 Railroad St

Year built

1985

Lot size

0.29 AC

Property size (Sq ft)

14,250 SF

Property type

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.

• 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

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