Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Corner Lot in Biloxi Title is generated by Realmo AI

    12999 Shriners Boulevard, Biloxi, MS 39532

    View on Map
    Claim this Listing
    For Sale
    $1,250,000

    COMMERCIAL - Biloxi, MS

    Lot size:
    2.40 Acres
    Added:
    Jan 2, 2026
    Days on Market:
    150
    Last Refresh:
    Jun 1 at 3:06 pm

    Property Features for 12999 Shriners Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1108a-01-002.000
    Lot size
    2.40 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Approximately 2.3 acres com NW cor E 1/2 of NE 1/4 sec 3-7-10 E 46.2 ft to E mar Jim Byrd Rd for beg E 311.2 ft to hyw 67 swly alg hwy 509 ft
    Tax Annual Amount
    1432

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Steve J Rife

    Listing agent Steve J Rife License #B15314

    Listing office RE/MAX Results In Real Estate, Inc. 12211 Bernard Pkwy, Biloxi, MS

    Listing date Jan 2, 2026

    MLS# 4135016 Listing URL

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime corner lot location.
    • Located in the growing Woolmarket area.
    • Easy access to I‑10.
    • Located on Shriners Blvd, Woolmarket Rd, and Jim Byrd Rd.
    • Prime piece of property.
    • Coordinates provided for exact location.

    Overview

    This 2.4-acre commercial land is located on the prime corner lot of Shriners Boulevard, Woolmarket Road, and Jim Byrd Road in Biloxi, Mississippi. The property is situated in the growing Woolmarket area and offers convenient access to I-10.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Repair Shop Auto Parts Store Department Store Kitchen & Bath Showroom Food Market Storage Facility Grocery & Convenience Store Discount Store Car Rental Facility Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.971584
    Latitude
    30.471034

    Nearby Similar for Sale

    • $525,000
      4,964 SF

      Prime Commercial Opportunity on Pass

      Commercial property on Pass Road with high visibility and accessibility.
      1731 Pass Road, Biloxi, MS 39531
      View Details
    • $6,250,000
      19,528 SF

      Leased Medical Office Complex

      Three-building medical office complex in Biloxi, fully leased.
      14213 Cook Road, Biloxi, MS 39532
      View Details
    • $595,000
      1,435 SF

      Turn-Key Commercial Building in Biloxi

      High-traffic location suitable for various businesses, FF&E negotiable.
      934 Cedar Lake Road, Biloxi, MS 39532
      View Details
    • $75,000

      East Biloxi Commercial Lot Opportunity

      Vacant commercial lot near beach, casinos, and attractions.
      235 Howard Avenue, Biloxi, MS 39530
      View Details
    • $75,000

      East Biloxi Commercial Lot Opportunity

      Vacant commercial lot near beach, casinos, and Gulf attractions.
      239 Howard Avenue, Biloxi, MS 39530
      View Details
    • $399,900

      Prime Commercial Land Opportunity

      4-acre commercial land in a high-growth area.
      Tucker Road, Biloxi, MS 39532
      View Details
    • $239,000
      1,592 SF

      Charming Biloxi Commercial Property

      Versatile commercial property in a rapidly developing Biloxi location.
      266 Debuys Road, Biloxi, MS 39531
      View Details
    • $1,900,000
      18,000 SF

      Biloxi Mixed-Use Commercial Building

      Three-story building in Biloxi's historic downtown with income potential.
      713 Howard Avenue, Biloxi, MS 39530
      View Details
    • $349,900
      3,200 SF

      Biloxi Commercial Investment Opportunity

      Commercial property in Biloxi, zoned RB (Regional Business).
      282 Lameuse Street, Biloxi, MS 39530
      View Details
    • $670,000
      16,300 SF

      Turnkey Dental Office with Residence

      Fully equipped dental office with attached residential unit for sale.
      1070 Judge Sekul Avenue, Biloxi, MS 39530
      View Details
    • $1,450,000
      62,906 SF

      Beachfront Commercial Land in Biloxi

      Beachfront commercial land in Biloxi, MS, with community business zoning.
      950 - 956 Beach Boulevard, Biloxi, MS 39530
      View Details
    • $1,455,000
      14,500 SF

      Fully Leased Investment Property

      Prime commercial property with 100% occupancy and stable income.
      12450 Shortcut Road, Biloxi, MS 39532
      View Details

    FAQs

    What type of property is this?
    Land - Prime commercial land with easy access to I-10.
    Where is this land located?
    The property is located at 12999 Shriners Boulevard Biloxi, MS.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Prime corner lot location.; Located in the growing Woolmarket area.; Easy access to I‑10.
    (228) 697-0473
    We can help!
    Listing Contact
    Steve J Rife
    Real Estate License ID: B15314
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12999 Shriners Boulevard, Biloxi, MS 39532
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!