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    198 Main St Biloxi, MS 39530

    Sponsored
    For Sale
    $648,000

    6,384 SF Auto Shop, High-Growth Area

    Property size:
    6,384 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 198 Main St, Biloxi, MS 39530, presents a unique investment opportunity. The property consists of three parcels totaling 0.81 acres situated on a prime corner lot at Main and Esters Blvd, south of the railroad tracks. The main building offers 6,384 square feet of versatile metal flex space, including 1,250 square feet of heated and cooled area and three convenient roll-up doors. A detached 22' x 22' metal building with an 18' x 6'6" roll-up door provides additional storage or workspace. Previously used as an electric auto store, this property is ideally suited for a variety of businesses, including restaurants, sports pubs, or other auto-related enterprises. The location within a qualified Opportunity Zone adds significant investment appeal. The property benefits from its position in a rapidly developing downtown area experiencing substantial commercial growth, offering excellent potential for expansion and future development. The asking price is $648,000. The property was built in 1974 and has the APN numbers 1410k-01-040.000, 1410K-01-039.000, and 1410K-01-039.001.

    Property Features for 198 Main St

    General Information

    Property type
    Automotive properties
    Square Feet
    6,384 SF
    Lot Size
    35,284 SF

    Building Details

    Year Built
    1974

    HighLights

    • Prime corner lot at Main St & Esters Blvd, south of the railroad tracks in a high‑growth Downtown area.
    • 0.31‑acre corner lot comprised of three parcels.
    • 6,384 sq. ft. main building.
    • 1,250 sq. ft. heated/cooled area.
    • Three roll‑up doors.
    • Metal flex space building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hammett's Auto Electric Auto Electrical Service Top-Notch Roofing Roofing Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.88565401423
    Latitude
    30.398611009352

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    FAQs

    What type of property is this?
    Automotive property - 6,384 SF Auto Shop, High-Growth Area
    Where is this automotive property located?
    The property is located at 198 Main St Biloxi, MS.
    What is the asking price?
    The asking price for this property is $648,000.
    What are key features of this property?
    This property features: Prime corner lot at Main St & Esters Blvd, south of the railroad tracks in a high-growth Downtown area.; 0.31-acre corner lot comprised of three parcels.; 6,384 sq. ft. main building.
    (228) 256-4936
    Request Owner's contact information
    198 Main St Biloxi, MS 39530
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    Biloxi, MS 39530
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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
    198 Main St Biloxi, MS 39530
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