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Property profile & analytics
OFF-MARKET
Commercial real estate

501 Howard Ave Biloxi, MS 39530

1 SF 0.36 ac lot
Property ID
US50-0122560
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 1 SF
Lot 0.36 ac (15,682 SF)
UPID US50-0122560
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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