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    12 Wetzel Dr Biloxi, MS 39532

    Sponsored
    For Sale
    $279,000

    2.38 Acres, Bay Views, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 2.38-acre commercial lot in Biloxi, Mississippi, presents a unique investment opportunity. Located on Lot 12 Wetzel Drive, this property boasts breathtaking views of the Back Bay of Biloxi and sits on Brasher Bayou atop a hill. The land is already cleared, offering immediate development potential. With 507 feet of waterfront access, this site is ideal for a variety of commercial ventures. The Peninsula Subdivision provides convenient access to Interstate 10 and Biloxi schools, ensuring excellent connectivity and accessibility. Underground utilities and streetlights are already in place, simplifying development. Protective covenants maintain the high standards of the community. Residents and businesses enjoy a wealth of recreational activities, including fishing, boating, jet skiing, and water-skiing, all within the subdivision. The property's prime location offers easy access to a variety of amenities, including golf courses, tennis courts, shopping centers, diverse dining options featuring coastal cuisine, and the excitement of nearby casinos, all within a 10-minute radius. The asking price for this remarkable property is $279,000. The property's address is Lot 12 Wetzel Drive, Biloxi, MS 39532. This is a rare chance to acquire a significant waterfront commercial lot in a highly desirable location.

    Property Features for 12 Wetzel Dr

    General Information

    Property type
    Land
    Lot Size
    103,673 SF

    HighLights

    • 2.38‑acre commercial lot in Biloxi, MS.
    • Located on Lot 12 Wetzel Drive, offering 507 feet of waterfront access on Brasher Bayou.
    • Cleared lot with immediate development potential; underground utilities and streetlights already installed.
    • Prime location near I‑10, Biloxi schools, and numerous amenities including golf courses, casinos, and restaurants.
    • Asking price: $279,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Gym & Fitness Auto Parts Store Pharmacy Kitchen & Bath Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.9439504
    Latitude
    30.4262171

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    FAQs

    What type of property is this?
    Land - 2.38 Acres, Bay Views, Prime Location
    Where is this land located?
    The property is located at 12 Wetzel Dr Biloxi, MS.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: 2.38-acre commercial lot in Biloxi, MS.; Located on Lot 12 Wetzel Drive, offering 507 feet of waterfront access on Brasher Bayou.; Cleared lot with immediate development potential; underground utilities and streetlights already installed.
    (228) 255-3550
    Request Owner's contact information
    12 Wetzel Dr Biloxi, MS 39532
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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
    12 Wetzel Dr Biloxi, MS 39532
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