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    1260 Ocean Springs Rd Ocean Springs, MS 39564

    For Sale
    $2,999,000

    138 Acres, I-10 & Hwy 57 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 137.77-acre commercial land parcel presents a significant investment opportunity in Jackson County, Mississippi. Strategically located just off Interstate 10 and Highway 57, this property enjoys unparalleled access to major transportation arteries, ensuring high visibility and convenient access for businesses. The land is zoned General Commercial, offering a wide range of development possibilities. The expansive lot size provides ample space for large-scale commercial projects, potentially including retail centers, industrial facilities, or other commercial ventures. The property's proximity to established businesses such as Northrup Grumman and Hotard Coaches further enhances its appeal and potential for synergistic development. The address is 1260 Ocean Springs Road, Ocean Springs, MS 39564, with the APN 0-24-18-060.000. This prime location, combined with its generous size and favorable zoning, makes this property an attractive investment for developers and businesses seeking a prominent presence in a thriving area. The asking price for this significant commercial land holding is $2,999,000. This represents a unique chance to acquire a substantial tract of land with exceptional potential for future growth and profitability.

    Property Features for 1260 Ocean Springs Rd

    General Information

    Property type
    Land
    Lot Size
    6,001,261 SF

    HighLights

    • $2,999,000 asking price.
    • 137.77‑acre commercial land parcel.
    • General Commercial zoning.
    • Located in Ocean Springs, MS, Jackson County.
    • Property address: 1260 Ocean Springs Rd, Ocean Springs, MS 39564.
    • APN: 0‑24‑18‑060.000
    Property Profile Location Intelligence

    Current Use by Public Records

    Truewood by Merrill, ... Assisted Living Facility

    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
    Ocean Springs
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.775024
    Latitude
    30.4157313

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    FAQs

    What type of property is this?
    Land - 138 Acres, I-10 & Hwy 57 Access
    Where is this land located?
    The property is located at 1260 Ocean Springs Rd Ocean Springs, MS.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: $2,999,000 asking price.; 137.77-acre commercial land parcel.; General Commercial zoning.
    (228) 547-0707
    Request Owner's contact information
    1260 Ocean Springs Rd Ocean Springs, MS 39564
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    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

    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
    1260 Ocean Springs Rd Ocean Springs, MS 39564
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