2403 Chicot Rd Pascagoula, MS 39581
This exceptional 0.56-acre commercial lot, located at 2403 Chicot Road in Pascagoula, Mississippi, presents a unique investment opportunity. Zoned Community Business (CC), this property offers significant potential for a variety of commercial ventures. Previously occupied by a car wash, the site has been cleared and leveled, simplifying the development process. Its convenient location at the northwest intersection of Chicot Road and Ken Avenue provides excellent visibility and accessibility. Nearby businesses include Ingalls Shipbuilding, Chevron, and the Port of Pascagoula, ensuring high traffic and a strong customer base. The lot boasts a total area of 24,458 square feet (0.56 acres), providing ample space for construction. The property's parcel number is 41945036.010. Prospective buyers should be aware that any intended use must receive approval from the City of Pascagoula, and necessary permits must be obtained. Furthermore, the site is situated within an AE Flood Zone, requiring consultation with the appropriate flood insurance agency to determine premiums. The asking price for this prime commercial land is $47,000. Don't miss this chance to establish your business in a thriving Mississippi coastal community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.