Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    455 Us-90 Bay St. Louis, MS 39520
    Back to Search
    Property profile & analytics

    455 Us-90, Bay St. Louis, MS 39520

    View on Map
    • Retail properties & Spaces
    • 1,571 SF
    • 0.59 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 455 Us-90

    Year built
    1993
    Lot size
    0.59 lot acres
    Property size
    1,571 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This 1,571 square foot vacant retail building, situated on a 0.59-acre lot at 455 US-90 in Bay St. Louis, Mississippi, presents a compelling investment opportunity. Built in 1993, the property boasts a C-3, Highway Commercial zoning designation, ideal for a variety of uses, including QSR/Fast Food and storefront retail. The building's location directly on Highway 90 ensures exceptional visibility and accessibility, with an estimated 15,100 vehicles passing daily. The property is currently vacant, offering immediate occupancy for a new tenant or owner-operator. The asking price is $200,000, translating to $127.31 per square foot. The property's parcel number is 137A-0-45-138.000. This is a single-story building on a highly visible corner lot in Hancock County, offering significant potential for a savvy investor or business owner seeking a prime location in a growing market. The property's size and zoning make it suitable for a range of commercial ventures.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bay St. Louis
    County
    Hancock
    State
    Mississippi
    Longitude
    -89.3415
    Latitude
    30.3187

    Comparable in this City

    • Value Estimation by Request
      1,425 SF

      311 Easterbrook St

      STORE, RETAIL OUTLET • 1,425 SF
      311 Easterbrook St, Bay Saint Louis, MS 39520-4409
      View Details
    • Value Estimation by Request
      2,828 SF

      4093 Hwy 90

      STORE, RETAIL OUTLET • 2,828 SF
      4093 Hwy 90, Bay Saint Louis, MS 39520-9212
      View Details
    • Value Estimation by Request
      3,823 SF

      128 Blaize Ave

      STORE, RETAIL OUTLET • 3,823 SF
      128 Blaize Ave, Bay Saint Louis, MS 39520-4302
      View Details
    • Value Estimation by Request
      1,706 SF

      308 Hwy 90

      STORE, RETAIL OUTLET • 1,706 SF
      308 Hwy 90, Bay Saint Louis, MS 39520-3532
      View Details
    • Value Estimation by Request
      2,321 SF

      7180 Lakeshore Rd

      STORE, RETAIL OUTLET • 2,321 SF
      7180 Lakeshore Rd, Bay Saint Louis, MS 39520-7938
      View Details
    • Value Estimation by Request
      7,260 SF

      301 Toulme St

      STORE, RETAIL OUTLET • 7,260 SF
      301 Toulme St, Bay Saint Louis, MS 39520-4445
      View Details

    Similar Nearby for Sale

    • $2,350,000
      4,413 SF

      Bay St. Louis Commercial Property

      Three-story commercial property in Old Town Bay St. Louis.
      113 S Beach Blvd, Bay Saint Louis, MS 39520
      View Details
    • $774,500
      2,094 SF

      Mixed-Use Property in Old Town

      Well-appointed commercial property in the heart of Old Town.
      136 Main St, Bay Saint Louis, MS 39520
      View Details
    • New
      $1,800,000
      5,438 SF

      Downtown Bay St. Louis Investment

      Prime commercial asset with restaurant and adaptable space.
      126 Main St, Bay Saint Louis, MS 39520
      View Details
    • $850,000
      10,154 SF

      Commercial Building on US Hwy 90

      10,154 sq ft commercial building on 0.74 acres.
      306 S 90, Bay Saint Louis, MS 39520
      View Details
    • $850,000
      10,154 SF

      Commercial Building on US Hwy 90

      10,154 SF commercial building on 0.74 acres.
      306 Highway 90, Bay Saint Louis, MS 39520
      View Details
    • $239,575
      87,120 SF

      Commercial Land Near I-10

      Commercial land suitable for gas station, retail, or office.
      00 Highway 603, Bay Saint Louis, MS 39520
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      3,600 SF

      Versatile Commercial Space on Highway

      Inviting commercial space suitable for various businesses on high-traffic highway.
      10199 Highway 603, Bay Saint Louis, MS 39520
      View Details
    • Contact for pricing

      Restaurant Space in Bay Saint Louis

      Restaurant space available off Hwy 90 with ample parking.
      828 Highway 90, Bay Saint Louis, MS 39520
      View Details
    • $6,500 /Mo
      4,200 SF

      Versatile Commercial Space in Bay

      Historic charm meets modern functionality in vibrant downtown Bay St. Louis.
      125 Court St, Bay Saint Louis, MS 39520
      View Details
    • Contact for pricing

      Retail Space Near Highway 90

      Retail space in Bay Saint Louis, near Highway 90.
      828 H I, Bay Saint Louis, MS 39520
      View Details
    • Contact for pricing

      Retail Space Near Highway 90

      Retail space in Bay St. Louis, great location.
      828 A B, Bay Saint Louis, MS 39520
      View Details
    • Contact for pricing
      22,400 SF

      Fenced Property with Multiple Buildings

      7-acre property featuring 3 buildings and secure fencing.
      13233 Webre Rd, Bay Saint Louis, MS 39520
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    455 Us-90
    Bay St. Louis, MS 39520
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    455 Us-90, Bay St. Louis, MS, 39520
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!