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    26 Terrace Ave Waveland, MS 39576

    For Sale
    $150,000

    Prime Waveland commercial land, near beach.

    Property size:
    17,424 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 0.4-acre commercial property, encompassing 17,424 square feet, presents a remarkable investment opportunity in the vibrant coastal town of Waveland, Mississippi. Situated on Lots 25 and 26 of Terrace Avenue, this property enjoys an enviable location, just a short stroll from the beautiful white sandy beaches. Its ideal positioning makes it perfect for a diverse range of commercial ventures, including shops, restaurants, bars, or offices. The property's proximity to the beach, the Waveland Pier, and Buccaneer State Park offers unparalleled access to recreational activities and stunning natural beauty. The charming atmosphere of Waveland, combined with its easy access to Old Town Bay St. Louis via golf cart, creates a unique and appealing environment for both businesses and residents. This is a chance to establish a thriving business in a high-demand coastal community, capitalizing on the area's growing popularity as a tourist destination and residential haven. The property's size and location provide ample space for development, allowing for significant flexibility in design and functionality. This is an exceptional opportunity for entrepreneurs, investors, and developers seeking a prime location to build or expand their commercial interests in a thriving Gulf Coast community. The potential for success in this area is undeniable, making this property a truly compelling investment. The asking price is $150,000.

    Property Features for 26 Terrace Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    17,424 SF
    Lot Size
    17,424 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 Kitchen & Bath HVAC Service Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Waveland
    County
    Hancock
    State
    Mississippi
    Longitude
    -89.37365
    Latitude
    30.28807

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Waveland commercial land, near beach.
    Where is this commercial real estate located?
    The property is located at 26 Terrace Ave Waveland, MS.
    What is the asking price?
    The asking price for this property is $150,000.
    (228) 255-3550
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    26 Terrace Ave 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
    26 Terrace Ave Waveland, MS 39576
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