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    11489 Cedar Lake Rd Biloxi, MS 39532

    For Sale
    $1,675,000

    6.46 Acres, High Visibility, $1.675M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 6.46-acre commercial land parcel presents a remarkable investment opportunity in Biloxi, Mississippi. Strategically located on the north side of I-10 along Cedar Lake Road, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The asking price is $1,675,000, translating to approximately $259,287 per acre. The property's prime location offers significant advantages for businesses seeking high traffic exposure and convenient access to major transportation routes. With its substantial size and desirable location, this land parcel is perfectly suited for various commercial ventures, offering immense potential for growth and return on investment. The Harrison County property, identified by APN 1208I-02-071.000, is zoned for commercial use (specific zoning details should be independently verified). This is a rare opportunity to acquire a significant commercial land holding in a thriving Mississippi coastal market. Serious inquiries are encouraged to explore the full potential of this exceptional property. Don't miss this chance to secure a prime location for your next commercial endeavor.

    Property Features for 11489 Cedar Lake Rd

    General Information

    Property type
    Land
    Lot Size
    281,398 SF

    HighLights

    • 6.46‑acre commercial land parcel fronting I‑10 on Cedar Lake Road.
    • $247,600 per acre asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.937913
    Latitude
    30.452651

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    FAQs

    What type of property is this?
    Land - 6.46 Acres, High Visibility, $1.675M
    Where is this land located?
    The property is located at 11489 Cedar Lake Rd Biloxi, MS.
    What is the asking price?
    The asking price for this property is $1,675,000.
    What are key features of this property?
    This property features: 6.46-acre commercial land parcel fronting I-10 on Cedar Lake Road.; $247,600 per acre asking price.;
    (228) 547-0707
    Request Owner's contact information
    11489 Cedar Lake Rd 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
    11489 Cedar Lake Rd Biloxi, MS 39532
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