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    Hwy 90/ Bienville Blvd Ocean Springs, MS 39564

    For Sale
    $407,928

    Prime Bienville Blvd location, multifamily potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 24.85-acre development opportunity is situated on Bienville Boulevard (Highway 90) in Ocean Springs, Mississippi, zip code 39564, Jackson County. The offered parcel, Lot 1, encompasses 67,988 square feet and is priced at $407,928. This prime location boasts high visibility, being situated just east of a Walmart Supercenter and directly across Bienville Boulevard from a recently constructed Tractor Supply Co. The property is part of a larger development plan including five commercial lots and land designated for single-family residential subdivision. Lots 2 and 5 are priced at $6 per square foot, while Lots 3 and 4 are priced at $7 per square foot. This strategic location offers unparalleled access to a substantial consumer base, estimated at 400-500 residents, due to its proximity to a 192-unit Class A apartment complex currently under construction. This presents a unique chance to establish a thriving business within a rapidly growing residential community. The property's address is Highway 90/Bienville Blvd, Ocean Springs, MS. Coordinates are 30.415831 latitude and -88.8332576 longitude. This is a multifamily zoned property with zero existing units.

    Property Features for 0 Hwy 90/ Bienville Blvd

    General Information

    Property type
    Multifamily properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ocean Springs
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.8332576
    Latitude
    30.415831

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    FAQs

    What type of property is this?
    Multifamily property - Prime Bienville Blvd location, multifamily potential.
    Where is this multifamily property located?
    The property is located at Hwy 90/ Bienville Blvd Ocean Springs, MS.
    What is the asking price?
    The asking price for this property is $407,928.
    (228) 547-0707
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    Hwy 90/ Bienville Blvd Ocean Springs, MS 39564
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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

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    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
    Hwy 90/ Bienville Blvd Ocean Springs, MS 39564
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