16313 Lemoyne Blvd Biloxi, MS 39532-5000
This exceptional investment opportunity presents a 6,000 square foot shopping center in Biloxi, Mississippi, situated at 16313 Lemoyne Blvd, zip code 39532. The property, built in 1986, is a single-story structure currently boasting 100% occupancy with a modified lease arrangement. The center is comprised of two suites. Suite A, approximately 5,000 square feet, is currently owner-occupied, with the owner open to vacating or negotiating a market-rate leaseback. Suite B, approximately 1,000 square feet, is leased to a salon. This presents a unique opportunity for an owner-user seeking to expand their business or an investor looking for a stable, fully-leased asset. The asking price is $585,000, translating to $97.50 per square foot. The property's location offers convenient access to downtown Biloxi and Highway 10, ensuring high visibility and strong foot traffic. This is an ideal property for those seeking a profitable retail investment in a thriving Mississippi coastal community.
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PMI Biloxi Service Establishment Property Management Company
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PDQ Printing Marketing & Advertising Printing Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.