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    104 Coleman Ave Waveland, MS 39576

    Sponsored
    For Sale
    $229,500

    Prime Waveland location, high development potential.

    Property size:
    15,886 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.36-acre commercial lot, located at 104 Coleman Avenue in Waveland, Mississippi, presents a compelling investment opportunity. Boasting 15,886 square feet, the property enjoys a highly desirable location within walking distance of the pristine white sand beach. Its strategic placement offers significant potential for both commercial and residential development. The proposed construction of luxury condominiums directly across the street further enhances the property's value and underscores the area's growth trajectory. This burgeoning community provides a high quality of life with easy access to recreational activities. The lot's proximity to the vibrant Bay St. Louis Downtown area (just a few miles away) adds to its appeal. This unique offering is ideal for investors and developers seeking to capitalize on a prime location and the strong potential for significant returns. The combination of beach proximity, planned upscale development, and convenient access to a thriving downtown area makes this a truly exceptional investment opportunity in a rapidly growing coastal community. The property's size and location make it suitable for a variety of development projects, catering to the increasing demand for both commercial spaces and residential units in this desirable area. The asking price is $229,500.

    Property Features for 104 Coleman Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    15,886 SF
    Lot Size
    15,682 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Nail Salon Hotel & Motel HVAC Service Bar & Pub Garden Center Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Waveland
    County
    Hancock
    State
    Mississippi
    Longitude
    -89.36942
    Latitude
    30.28316

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Waveland location, high development potential.
    Where is this commercial real estate located?
    The property is located at 104 Coleman Ave Waveland, MS.
    What is the asking price?
    The asking price for this property is $229,500.
    (228) 471-5154
    Request Owner's contact information
    104 Coleman Ave Waveland, MS 39576
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    Waveland, MS 39576
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    Realmo Value Estimation

    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.

    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.

    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
    104 Coleman Ave Waveland, MS 39576
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