66 Acre Development Site For Lease or Sale

Vacant Land for Sale
Catylist Listing ID: 30171230
Property Subtypes: Retail
Gross Land Area: 66 Acres
Sale Price: $1
Unit Price: $0.02 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/14/2017

Overview / Comments

Location
Located within Jackson County, MS at the boundary line of the City of D ‘Iberville, along the north side of Interstate 10. Situated just miles north of the largest gaming area in the south.

Site
Approximately sixty-six acres of wooded land, rectangular in shape (1,000’ x 2,500’), bounded by Interstate 10 to the South with 2,500 feet of frontage, Cook Road to the North (via future extension of Mallett Road), Daisy Vestry Rd to the West with 1,000 feet of frontage, and Tucker Road (Hwy 609)to the East. This development site is known as “Villas at the Promenade”.

Access
Present access is via Mallett Road from the west off I-10 exit 46c to Lamey Bridge Road. Greater access both on and off the interstate in both directions is further west via I-110 through the Indian River SC on Sangani Road. The dynamic of this site is the Mallett/Cook Road corridor extension project which when completed will provide direct commuter access east & west between Lamey Bridge Road and Tucker Road that will greatly enhance the site’s frontage, access and appeal for community commercial use. Roadway construction is scheduled to begin Spring ’18.

Zoning
C-4, Corridor Commercial. Likely uses include car dealerships, auto service companies, self storage, RV/camper, boat center, outdoor stores, construction material supply, outlet mall, furniture, garden center, grocery, fitness center, etc.

Features
• 2,500 feet of frontage on I-10, plus 2,500 LF along future Mallett Rd extension.
• Two million square feet of retail nearby at I-10 & I-10 (The Promenade, Indian River & Galleria)
• Great access off of I-10 & nearby I-110
• Upwards of 80,000 day commuters pass the site on I-10
• Smaller parcels available
• Wetlands mitigation plan; corp permit

Available
The entire site is being offered at the asking rate of $7.00 per square foot (approx $300k per acre). Sizeable portions could be subdivided, pricing of which would be based on size and location and unsold area remaining.

Additional Information
David B. Quinn, SIOR
c/o Keith G. Henry, SIOR
Max J. Derbes, Inc.
504.733.2299
keith@maxderbes.com

Additional Details

Nearest MSA: Gulfport-Biloxi-Pascagoula
County: Harrison

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,940 26,439 61,344
Median Age: 31.85 35.75 35.91
Households: 2,738 10,598 23,599

Contact

Photograph of Listing Agent

David B. Quinn, SIOR

Max J Derbes Inc New Orleans, LA 70123-3229
Photograph of Listing Agent

Keith G Henry

Max J Derbes Inc New Orleans, LA 70123-3229
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