Property profile

14085 Lamey Bridge Rd Biloxi, MS 39532

FOR SALE
Residential land & home lots
Property ID
US50-0094532
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Property summary

AI-generated overview

Excellent location where Hwy 15 and Lamey Bridge meet, surrounded by Bridgewood and Longwood developed communities. Well suited for an apartment community, assisted living or other residential development. Mitigation credits were already purchased. High elevation, not in a flood zone. Past Plans for an Apt community are attached. Although current zoning is low-density, previous zoning was approved for new development of High Density Multifamily. OWNER WILL CONSIDER JOINT VENTURE! FlyOver Video: https://youtu.be/t4TopC_AM9M

Property profile

Verified
Property type Residential land & home lots
UPID US50-0094532

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14085 Lamey Bridge Rd Biloxi, MS 39532
Biloxi metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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