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    Lorraine Rd Biloxi, MS 39532

    For Sale
    $99,900

    1-Acre Vacant Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1-acre commercial land parcel in Biloxi, Mississippi, presents a unique investment opportunity. Located at 0 Lorraine Road, this mostly cleared lot boasts over 200 feet of road frontage, providing excellent visibility and accessibility. The property is conveniently situated for easy access to Interstate 10 via both Lorraine Road and Old Highway 67 exits, ensuring convenient transportation for businesses and employees. Significant improvements have recently been made with public water now readily available. The land itself is characterized by the presence of several oak trees, adding to its aesthetic appeal. With a total area of 43,560 square feet, this property is priced at $99,900, representing a land value of $43,560 per square foot. Its ideal location and readily available utilities make it an attractive site for a variety of commercial ventures. The property is classified as vacant land and is designated as "Other" within the commercial land subtype. The zip code is 39532, and the property is situated in Harrison County, Mississippi. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Mississippi coastal city.

    Property Features for 0 Lorraine Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 43,560 sq. ft. lot size.
    • 1‑acre commercial parcel.
    • Commercial property.
    • Other style designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.991761
    Latitude
    30.472555

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    FAQs

    What type of property is this?
    Land - 1-Acre Vacant Lot, High Visibility
    Where is this land located?
    The property is located at Lorraine Rd Biloxi, MS.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: 43,560 sq. ft. lot size.; 1-acre commercial parcel.; Commercial property.
    (228) 255-3550
    Request Owner's contact information
    Lorraine Rd Biloxi, MS 39532
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    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
    Lorraine Rd Biloxi, MS 39532
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