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Property profile & analytics
FOR SALE
Retail space

198 Main St Biloxi, MS 39530

717 SF 0.34 ac lot Built 1974
Individually Owned Free & Clear
Property ID
US50-0324423
Property summary
AI-generated overview

This exceptional commercial property, located at 198 Main St, Biloxi, MS 39530, presents a unique investment opportunity. The property consists of three parcels totaling 0.81 acres situated on a prime corner lot at Main and Esters Blvd, south of the railroad tracks. The main building offers 6,384 square feet of versatile metal flex space, including 1,250 square feet of heated and cooled area and three convenient roll-up doors. A detached 22' x 22' metal building with an 18' x 6'6" roll-up door provides additional storage or workspace. Previously used as an electric auto store, this property is ideally suited for a variety of businesses, including restaurants, sports pubs, or other auto-related enterprises. The location within a qualified Opportunity Zone adds significant investment appeal. The property benefits from its position in a rapidly developing downtown area experiencing substantial commercial growth, offering excellent potential for expansion and future development. The asking price is $648,000. The property was built in 1974 and has the APN numbers 1410k-01-040.000, 1410K-01-039.000, and 1410K-01-039.001.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1974
Total area 717 SF
Lot 0.34 ac (14,625 SF)
APN 1410K-01-040.000
UPID US50-0324423
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
Current use
Occupant on record · Public records
  • Hammett's Auto Electric Auto Repair Shop
  • Top-Notch Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
BUDDY R HAMMETT SR.
BUDDY R HAMMETT SR.
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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