2126 Denny AvePascagoula, MS 39567

Property Details for 2126 Denny Ave

Year built

1970

Lot size

0.93 AC

Property size (Sq ft)

20,976 SF

Property type

Office buildings

APN

41703404.000

APU

41703404000

Description

This exceptional industrial property at 2126 Denny Avenue, Pascagoula, Mississippi, presents a compelling investment opportunity. Boasting a substantial 20,976 square feet of warehouse space under roof, this property is ideally situated on a 0.93-acre lot directly on Highway 90, ensuring high visibility and convenient access. Currently utilized as a storage warehouse, its previous use as MS Laundry Services highlights its adaptability to a variety of commercial ventures. The expansive interior offers significant potential for diverse business operations. Beyond the main warehouse, the sale includes two additional parcels of land, significantly increasing the overall property size and providing ample outdoor space. This additional land is secured by a gate, perfect for secure outdoor storage or expansion projects. The strategic location on Highway 90 in a bustling commercial area of Pascagoula guarantees high traffic and excellent exposure, making this a truly exceptional opportunity for businesses seeking a prominent presence in a thriving market. The asking price for this substantial property is $999,000. This combination of size, location, and added land makes this an attractive proposition for a wide range of commercial uses. Don't miss this chance to acquire a prime industrial property in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,326,406

  6.5%

  $3,070,528

  7%

  $2,851,205

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,600,068

  Geo Method

  $1,491,184

• Alternative Use

  Use

  Valuation

  Residential

  $3,807,455

  Hospitality

  $3,487,608

  Educational

  $2,901,649

  Medical

  $3,001,441

  Retail

  $4,513,676

Location Insight

City

Pascagoula

County

Jackson

State

Mississippi

Latitude

30.3702

Longitude

-88.542

CBSA code

25060

CBSA name

GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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