501 Howard Ave Biloxi, MS 39530
This exceptional 0.36-acre lot, situated at 501 Howard Avenue in Biloxi, Mississippi, presents a compelling investment opportunity. Located on the first block of Highway 90, this property boasts stunning views of the Mississippi Sound and Deer Island. Its strategic position offers unparalleled exposure and accessibility. The site is zoned NB (Neighborhood Business), providing flexibility for a variety of commercial uses. The area is experiencing significant revitalization, with new short-term rental developments and renovations of existing homes along Howard Avenue. This property's potential is further amplified by the planned major casino development on the adjacent beachfront property at the corner of Highway 90 and Holley Street, promising substantial future growth and increased property values. The existing building on the lot has 1 square foot of space, making it ideal for redevelopment. This is a rare chance to acquire a piece of Biloxi's burgeoning beachfront real estate market, poised for substantial appreciation. Investors seeking a high-return opportunity in a prime location should act quickly. The property's proximity to the beach, the highway, and the anticipated casino development makes it an exceptional investment prospect. Don't miss this chance to capitalize on the exciting future of Biloxi's beachfront.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.