Property profile

14 Wetzel Dr Biloxi, MS 39532

OFF-MARKET
Land
0.93 ac lot
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Property summary

AI-generated overview

This exceptional 0.93-acre commercial lot in Biloxi, Mississippi, boasts breathtaking views of the Back Bay. Situated on Brasher Bayou atop a hill, this property offers 122 feet of desirable waterfront access. The land is already cleared, providing a significant advantage for immediate development. Conveniently located near Interstate 10, this lot benefits from easy access to major transportation routes and is also within close proximity to Biloxi schools. The Peninsula subdivision offers a range of amenities including underground utilities, street lights, and protective covenants, ensuring a well-maintained and desirable community. Residents and businesses can enjoy recreational activities such as fishing, boating, jet skiing, and water-skiing right at their doorstep. Beyond the immediate area, a variety of attractions are within a 10-minute radius, including golf courses, tennis courts, shopping centers, diverse dining options featuring coastal cuisine, and the excitement of local casinos. The asking price for this remarkable property is $169,000. This is a rare opportunity to acquire a prime commercial waterfront lot in a thriving coastal community. Don't miss out on this chance to build your dream business in a stunning location. The property is located at Lot 14 Wetzel Drive, Biloxi, MS 39532.

Property profile

Verified
Property type Land
Lot 0.93 ac (40,511 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14 Wetzel Dr Biloxi, MS 39532
Biloxi metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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