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    673 Water St, Unit Biloxi Biloxi, MS 39530

    For Sale
    $455,000

    Prime commercial land in Biloxi's Hospitality District, ideal for development.

    Property size:
    24 SF

    Property Features for 673 Water St

    General Information

    Size
    24 SF

    Source: Kim Ross Bush Agent Kim Ross Bush

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Biloxi Commercial Land Opportunity

    Located in the heart of Downtown Biloxi's Hospitality District, this commercial opportunity features two contiguous lots totaling approximately 24,000 square feet. The property is zoned Neighborhood Business (NB), making it suitable for restaurant, retail, boutique lodging, or mixed-use development. The high-visibility location is positioned along a major pedestrian corridor connecting Hotel Legends, Hard Rock, and Beau Rivage Casinos. The area is experiencing continued growth and high foot traffic. The property is situated steps from destinations such as Ground Zero Blues Club, Patio 44, Half Shell, and Mugshots. The two parcels are being sold together. The location is directly behind Hotel Legends and across from Mugshots. This property is suitable for developers looking to capitalize on Biloxi's expanding downtown momentum.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.884609
    Latitude
    30.394255

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land in Biloxi's Hospitality District, ideal for development.
    Where is this commercial land located?
    The property is located at 673 Water St, Unit Biloxi Biloxi, MS.
    What is the asking price?
    The asking price for this property is $455,000.
    What are key features of this property?
    This property features: - Prime downtown Biloxi location in the Hospitality District.; - Two contiguous commercial lots totaling approximately 24,000 SF.; - High-visibility location ideal for restaurant, retail, boutique lodging, or mixed-use development.
    (228) 207-2308
    Request Owner's contact information
    673 Water St, Unit Biloxi Biloxi, MS 39530
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    Biloxi, MS 39530
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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
    673 Water St, Unit Biloxi Biloxi, MS 39530
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