High-Visibility Retail Redevelopment
2596 Bienville Blvd Ocean Springs, MS 39564
2596 Bienville Blvd, Ocean Springs, MS, 39564
$1,699,999
For Sale
$1,699,999
Redevelopment site on Hwy 90/Bienville Blvd with two buildings, extensive parking, and RV/storage bays zoned CH.
Property Size12,843 SF
Lot Size4.96 Acres
Price / SF$132.37
Days on Market67
Property Features for 2596 Bienville Blvd
General Information
- Standard status
- Active
- Size
- 12,843 SF
- Lot size
- 4.96 Acres
Listing agency
Coldwell Banker Alfonso Realty-OS-B/O
(228) 233-6336
Listed by
Kim R Bush · License #S42877
(228) 233-6336
Source
Exprealty
Added: May 18 Updated: Jul 23 at 4:48AM Checked: Jul 23 at 4:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Alfonso Realty-OS-B/O
Investment Insights
Based on property information with market context.
A rare redevelopment opportunity totaling 4.96+/- acres with two existing buildings totaling approximately 12,843 SF. The site features extensive parking and includes RV/storage bays, offering practical capacity for a variety of commercial redevelopment concepts.
Located on highly visible Hwy 90/Bienville Blvd in Ocean Springs, MS, the property benefits from reported 39,000+ vehicles per day and strong frontage/accessibility. The property is zoned CH (Commercial Highway) and is designated Flood Zone AE. Minutes from Downtown Ocean Springs, beaches, casinos, and major national retailers, the location supports redevelopment planning that may include restaurant, entertainment, retail, flex space, showroom, hospitality, or mixed-use commercial uses, subject to buyer verification and applicable approvals.
Located on highly visible Hwy 90/Bienville Blvd in Ocean Springs, MS, the property benefits from reported 39,000+ vehicles per day and strong frontage/accessibility. The property is zoned CH (Commercial Highway) and is designated Flood Zone AE. Minutes from Downtown Ocean Springs, beaches, casinos, and major national retailers, the location supports redevelopment planning that may include restaurant, entertainment, retail, flex space, showroom, hospitality, or mixed-use commercial uses, subject to buyer verification and applicable approvals.
Key Highlights
- 4.96+/- acre redevelopment site on Hwy 90/Bienville Blvd in Ocean Springs, MS with high visibility to 39,000+ vehicles per day.
- Zoned CH (Commercial Highway).
- Two buildings totaling approximately 12,843 SF.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $218.8k | $17.04 |
| − Vacancy | −$438 | −$0.03 |
| EGI | $218.4k | $17.01 |
| − OpEx | −$65.5k | −$5.10 |
| NOI | $152.9k | $11.90 |
12,843 SF · lease $17.04/SF/yr · vacancy 0.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.18M
$1.91M – $2.55M
NOI $152,885 @ 7.0% cap · market cap 8.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.51M
$3.07M – $4.09M
NOI $245,599 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Redevelopment site on Hwy 90/Bienville Blvd with two buildings, extensive parking, and RV/storage bays zoned CH.
Where is this commercial land located?
The property is located at 2596 Bienville Blvd Ocean Springs, MS.
What is the asking price?
The asking price for this property is $1,699,999.
What are key features of this property?
This property features: 4.96+/- acre redevelopment site on Hwy 90/Bienville Blvd in Ocean Springs, MS with high visibility to 39,000+ vehicles per day.; Zoned CH (Commercial Highway).; Two buildings totaling approximately 12,843 SF.
