7916 Old Stage RdMoss Point, MS 39562

Property Details for 7916 Old Stage Rd

Lot size

2.75 AC

Property type

Mobile home & RV parks

APN

01127380.060

APU

1127380060

Description

This exceptional 119,790 sq ft commercial land parcel in Moss Point, Mississippi (Jackson County, zip code 39562), presents a lucrative investment opportunity. Located at 7916 Old Stage Road, the property is strategically positioned near Highway 90 and offers significant potential for immediate income generation. Currently configured as a mobile home park, the site boasts 29 rental pads, 16 of which are currently occupied. The property is already equipped with essential infrastructure, including access to Ingalls and Chevron City water and sewage services, as well as a dedicated laundry area. The land is completely cleared, simplifying development and maximizing immediate usability. This turnkey investment is ready for an owner-operator to step in and begin generating substantial residual income. The asking price for this prime commercial land is $695,000. With its convenient location, existing infrastructure, and proven rental history, this property represents a compelling opportunity for investors seeking a high-return, low-maintenance investment in a growing market. The property's size and location offer significant upside potential for future expansion or redevelopment.

• CAP approach

  CAP return

  Valuation

  6%

  $23,555,632

  6.5%

  $21,743,660

  7%

  $20,190,542

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,163,416

  Geo Method

  $13,199,600

• Alternative Use

  Use

  Valuation

  Residential

  $21,743,660

  Hospitality

  $19,917,076

  Educational

  $16,570,774

  Medical

  $17,140,668

  Retail

  $25,776,760

Location Insight

City

Moss Point

County

Jackson

State

Mississippi

Latitude

30.4127

Longitude

-88.4744

CBSA code

25060

CBSA name

GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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