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    14085 Lamey Bridge Rd Biloxi, MS 39532

    For Sale
    $2,000,000

    16 Acres, Prime Location, High Elevation

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 16-acre development site, located at 14085 Lamey Bridge Rd, Biloxi, MS 39532 (APN 1407-28-011.000), presents a unique opportunity for residential construction. Situated at the strategic intersection of Highway 15 and Lamey Bridge Road, this property enjoys a prime location within the established Bridgewood and Longwood communities. Currently zoned for residential low-density development, the land boasts a significant advantage: it previously held high-density multi-family zoning approval, simplifying the permitting process for ambitious projects. Detailed plans for an apartment complex are available for review. The high elevation ensures the property is outside of any flood zone, mitigating risk and enhancing its desirability. Furthermore, all necessary environmental mitigation credits have already been secured, streamlining the development timeline. This exceptional offering is priced at $2,000,000 and presents a compelling investment opportunity. The owner is also open to exploring joint venture partnerships. A flyover video is available for viewing online. This property is ideal for apartment complexes, assisted living facilities, or other multi-family residential developments. Don't miss this chance to acquire a premier development site in a thriving Biloxi community.

    Property Features for 14085 Lamey Bridge Rd

    General Information

    Property type
    Land
    Lot Size
    696,960 SF

    HighLights

    • Prime Hwy 15 & Lamey Bridge location, near Bridgewood & Longwood.
    • Excellent potential for apartments, assisted living, or other multi‑family residential uses.
    • Low‑density zoning, with prior high‑density multi‑family approval.
    • Existing apartment building plans available.
    • High elevation, outside flood zone.
    • Environmental mitigation credits already secured.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Gym & Fitness Daycare Center Auto Repair Shop Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.8994841
    Latitude
    30.4879971

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    FAQs

    What type of property is this?
    Land - 16 Acres, Prime Location, High Elevation
    Where is this land located?
    The property is located at 14085 Lamey Bridge Rd Biloxi, MS.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Prime Hwy 15 & Lamey Bridge location, near Bridgewood & Longwood.; Excellent potential for apartments, assisted living, or other multi-family residential uses.; Low-density zoning, with prior high-density multi-family approval.
    (228) 256-4936
    Request Owner's contact information
    14085 Lamey Bridge 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
    14085 Lamey Bridge Rd Biloxi, MS 39532
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