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    479 Eighth St Long Beach, MS 39560

    For Sale
    $75,000

    1.3-Acre Commercial Land, $75K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 1.3-acre commercial lot in Long Beach, Mississippi (APN 0611P-04-067.000), is zoned R2 and offered at $75,000 fee simple. The property features partially completed four-plex condominium construction, with three of four building slabs poured. Construction was halted in 2008 due to financing issues related to the economic recession. While city records are incomplete, a local engineer believes the existing slabs and potentially the unexposed PVC plumbing could be certified, potentially reducing construction costs for a new project. A proposal utilizing the existing foundations would need to be presented to the Long Beach Planning Commission for approval. The property's address is 479 8th St, Long Beach, MS 39560. Original building sketches are available. This presents a unique opportunity for a developer to potentially realize significant cost savings by leveraging the existing infrastructure. The property's location in Harrison County offers potential for strong returns.

    Property Features for 479 Eighth St

    General Information

    Property type
    Multifamily properties
    Class
    C
    Lot Size
    56,628 SF

    HighLights

    • $75,000 asking price.
    • 1.3‑acre land parcel in Long Beach, Mississippi.
    • Multifamily land zoned R2.
    • Fee simple ownership.
    • Harrison County, MS; APN 0611P‑04‑067.000.
    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 Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.14124022
    Latitude
    30.35932551

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    FAQs

    What type of property is this?
    Multifamily property - 1.3-Acre Commercial Land, $75K
    Where is this multifamily property located?
    The property is located at 479 Eighth St Long Beach, MS.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: $75,000 asking price.; 1.3-acre land parcel in Long Beach, Mississippi.; Multifamily land zoned R2.
    Request Owner's contact information
    479 Eighth St Long Beach, MS 39560
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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
    479 Eighth St Long Beach, MS 39560
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