Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Raw Land for Agricultural or Residential Use Title is generated by Realmo AI

    11th Avenue lot 17-4, Pearlington, MS 39572

    View on Map
    Claim this Listing
    For Sale
    $50,000

    LAND - Pearlington, MS

    Lot size:
    1.80 Acres
    Added:
    Sep 4, 2023
    Days on Market:
    1006
    Last Refresh:
    Jun 5 at 5:06 pm

    Property Features for 11th Avenue lot 17-4

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    185c-3-37-092.000
    Lot size
    1.80 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    17 THRU 40 BLK 10 CARVERS PARADISE RESORT O-5-571
    Tax Annual Amount
    74

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Fran Vosbein

    Listing agent Fran Vosbein License #S50058

    Listing office Coastal Realty Group 9230 Old Lorraine Rd., Ste C, Gulfport, MS

    Listing date Sep 4, 2023

    MLS# 4057920 Listing URL

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.8 acre raw land suitable for agriculture, new home construction, or recreation.
    • Located 20 miles from Slidell, LA, offering convenient access to amenities.
    • Ideal for development or investment with 23 lots available.
    • Proximity to a boat launch appeals to water enthusiasts.
    • Tranquil country living environment.
    • Water utility available.

    Overview

    This offering consists of 1.8 acres of raw land in Pearlington, Mississippi. The property is described as suitable for agriculture, new home construction, or recreational use, giving buyers flexibility depending on their intended plan.

    The listing notes that the land is located about 20 miles from Slidell, Louisiana, balancing country setting with access to nearby amenities. It also indicates that there are 23 lots available, which may appeal to developers or buyers looking to assemble multiple sites. In addition, the property’s proximity to a boat launch is highlighted as a potential fit for water-focused recreation.

    For buyers seeking land rather than an improved property, this parcel provides a foundation for either agricultural uses or residential development, subject to applicable approvals. The presence of multiple lots available may be relevant for those evaluating a small-scale subdivision concept or acquiring more than one site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Pearlington
    County
    Hancock
    State
    Mississippi
    Longitude
    -89.596344
    Latitude
    30.256602

    Nearby Similar for Sale

    • $34,500

      Waterfront Land Ready to Build

      Cleared, leveled waterfront lot near Pearl River and Gulf of Mexico.
      4301 Riverside Drive, Pearlington, MS 39572
      View Details
    • $449,900

      Pearlington Waterfront Land For Sale

      Coastal land with commercial frontage and development potential near Pearl River.
      16481 Us-90, Pearlington, MS 39572
      View Details
    • $34,500

      Waterfront Land in Pearlington, MS

      Cleared waterfront lot ready for your dream home.
      4301 Riverside Drive, Pearlington, MS 39572
      View Details
    • $11,364,500

      Pearlington Industrial Land Opportunity

      1,337-acre industrial land near Port Bienville Industrial Complex.
      Dillard Road, Pearlington, MS 39572
      View Details
    • $14,000

      Land in Oak Harbor

      Residential land in Pearlington, perfect for building a home.
      Tampa Circle, Pearlington, MS 39572
      View Details
    • $48,000

      Waterfront Lot in Belle Isle

      Waterfront 0.49-acre lot with river access in established community.
      Tahiti Road lot: 7&8, Pearlington, MS 39572
      View Details
    • $14,000

      Pearlington Buildable Land Opportunity

      Two acres of buildable land with easy highway access.
      Nhn 7th Avenue, Pearlington, MS 39572
      View Details

    FAQs

    What type of property is this?
    Land - 1.8-acre raw land suited to agriculture, new home construction, or recreation near water access.
    Where is this land located?
    The property is located at 11th Avenue lot 17-4 Pearlington, MS.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: 1.8 acre raw land suitable for agriculture, new home construction, or recreation.; Located 20 miles from Slidell, LA, offering convenient access to amenities.; Ideal for development or investment with 23 lots available.
    (228) 363-0954
    We can help!
    Listing Contact
    Fran Vosbein
    Real Estate License ID: S50058
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11th Avenue lot: 17-4, Pearlington, MS 39572
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!