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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

407 Us-90 Waveland, MS 39576

12,000 SF
Property ID
Property summary
AI-generated overview

Magnolia Marketplace, located at 407 US-90 in Waveland, Mississippi (zip code 39576), offers 12,000 square feet of retail space for lease. This multi-tenant property features seven available units, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,400 square feet. The units are situated in a prime location at the entrance of a rapidly growing Mississippi community boasting over 25,000 permanent residents and an average family income of $47,535. The area is a popular vacation and weekend destination, known for its fishing, music, art, and golf, attracting numerous visitors throughout the year due to its many parades and events. Benefiting from high traffic, the property is strategically positioned between the Silver Slipper Casino and the Hollywood Casino, providing access to a combined 343 hotel rooms. Units offer convenient features including private bathrooms, dimensions of 20 feet wide by 60 feet deep, and nine-foot drop ceilings. Modern upgrades include new overhead LED lighting. Several units are move-in ready, while others are offered in shell condition, providing flexibility for tenant build-outs. The property's APN is 138J-2-34-035.004, and it is located in Hancock County.

Property profile
Verified
Property type Retail properties & Spaces
Total area 12,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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