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    11 Wetzel Dr Biloxi, MS 39532

    For Sale
    $299,000

    2.62 Acres, Bay Views, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2.62-acre commercial lot, located at Lot 11 Wetzel Drive in Biloxi, Mississippi, presents a unique investment opportunity. Boasting breathtaking views of the Back Bay of Biloxi, this elevated property sits on Brasher Bayou and offers 400 feet of desirable waterfront access. The land is already cleared, providing immediate development potential. Situated within the Peninsula Subdivision, the lot benefits from underground utilities, streetlights, and protective covenants, ensuring a well-maintained and attractive environment. Recreational activities are abundant, with opportunities for fishing, boating, jet skiing, and water-skiing readily available. The property's convenient location provides easy access to Interstate 10, Biloxi schools, and a variety of amenities. Within a 10-minute radius, you'll find golf courses, tennis courts, shopping centers, diverse dining options, including coastal cuisine, and the excitement of casinos. The asking price for this remarkable property is $299,000. The zip code is 39532, and the property is located in Harrison County. This is a rare chance to acquire a prime commercial waterfront lot in a thriving coastal community.

    Property Features for 11 Wetzel Dr

    General Information

    Property type
    Land
    Lot Size
    114,127 SF

    HighLights

    • 2.62‑acre lot
    • Land for sale
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hair Salon Gym & Fitness Auto Repair Shop Daycare Center Kitchen & Bath Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.9439504
    Latitude
    30.4262171

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    FAQs

    What type of property is this?
    Land - 2.62 Acres, Bay Views, Prime Location
    Where is this land located?
    The property is located at 11 Wetzel Dr Biloxi, MS.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 2.62-acre lot; Land for sale;
    (228) 255-3550
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    11 Wetzel Dr Biloxi, MS 39532
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    Biloxi, MS 39532
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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
    11 Wetzel Dr Biloxi, MS 39532
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