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    5233 Lakeshore Rd Bay St. Louis, MS 39520

    For Sale
    $189,900

    0.47-acre waterfront lot, C4 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.47-acre commercial lot in Bay Saint Louis, Mississippi, presents a unique investment opportunity. Located at 5233 Lakeshore Road, zip code 39520, this property boasts a picturesque view directly overlooking the canal. The lot is already equipped with a bulkhead, saving significant development costs. Its C4 Commercial Resort zoning offers considerable flexibility for various commercial ventures. While ideal for commercial development, the property's stunning location and waterfront views also make it a potentially attractive residential site, subject to city approval. The address is easily accessible, situated in Hancock County, Mississippi, at the coordinates 30.246198 latitude and -89.432863 longitude. The asking price for this remarkable property is $189,900. Don't miss the chance to acquire this one-of-a-kind parcel with its exceptional waterfront setting and promising commercial potential. Serious inquiries are encouraged.

    Property Features for 5233 Lakeshore Rd

    General Information

    Property type
    Land
    Lot Size
    20,473 SF

    HighLights

    • $189,900 asking price.
    • 0.47‑acre vacant land parcel.
    • Located at 5233 Lakeshore Road, Bay Saint Louis, MS 39520.
    • C4 Commercial Resort zoning.
    • Bulkheaded.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Restaurant Gym & Fitness Food Market Fish Market Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Bay St. Louis
    County
    Hancock
    State
    Mississippi
    Longitude
    -89.432863
    Latitude
    30.246198

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    FAQs

    What type of property is this?
    Land - 0.47-acre waterfront lot, C4 zoning.
    Where is this land located?
    The property is located at 5233 Lakeshore Rd Bay St. Louis, MS.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: $189,900 asking price.; 0.47-acre vacant land parcel.; Located at 5233 Lakeshore Road, Bay Saint Louis, MS 39520.
    Request Owner's contact information
    5233 Lakeshore Rd Bay St. Louis, MS 39520
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    Bay St. Louis, MS 39520
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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
    5233 Lakeshore Rd Bay St. Louis, MS 39520
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