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    Dukate St Biloxi, MS 39530

    For Sale
    $625,000

    Prime 0.8-acre corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.8-acre commercial land parcel presents a unique investment opportunity in the heart of Biloxi's central business district (CBD). Situated on the northwest corner of Water and Dukate Streets, this property enjoys a highly visible location just a short distance from the renowned Hard Rock Casino Hotel & Casino and the MGM Beau Rivage Resort Casino & Park. The property's DT zoning allows for a variety of development options, making it suitable for a range of commercial ventures. The vibrant surrounding area boasts a thriving concentration of bars and restaurants, ensuring high foot traffic and visibility for any new development. This prime location offers unparalleled access to the bustling activity of downtown Biloxi, capitalizing on the area's ongoing growth and popularity. The lot's size and strategic placement provide ample space for a substantial project, aligning perfectly with the current momentum of development in the area. Further details regarding a proposed apartment/hotel development in the vicinity can be found via a link to a local news article (see original listing for link). The property's APN is 1410k-01-077.000. The asking price for this exceptional property is $625,000.

    Property Features for 0 Dukate St

    General Information

    Property type
    Multifamily properties
    Lot Size
    34,848 SF

    HighLights

    • $625,000 asking price.
    • 0.8‑acre commercial land parcel.
    • Located in Downtown Biloxi, MS, Harrison County, zip code 39530.
    • APN: 1410k‑01‑077.000.
    • DT zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.884367579475
    Latitude
    30.394563287094

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    FAQs

    What type of property is this?
    Multifamily property - Prime 0.8-acre corner lot, ideal for development.
    Where is this multifamily property located?
    The property is located at Dukate St Biloxi, MS.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price.; 0.8-acre commercial land parcel.; Located in Downtown Biloxi, MS, Harrison County, zip code 39530.
    (228) 547-0707
    Request Owner's contact information
    Dukate St Biloxi, MS 39530
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    Biloxi, MS 39530
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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
    Dukate St Biloxi, MS 39530
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