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    OFF-MARKET
    Specialty properties

    00 Highway 603, Bay St. Louis, MS 39520

    2.99 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.99-acre commercial lot is ideally situated on Highway 603 in Bay St. Louis, Mississippi. The property is completely cleared and ready for immediate development, presenting a unique opportunity for investors and businesses seeking a strategic location. Its convenient proximity to Interstate 10, approximately one mile south, ensures excellent accessibility and high visibility for any commercial venture. The asking price for this unimproved land is $225,000. Located in Hancock County, with a zip code of 39520, the property boasts a prime location within the thriving Bay St. Louis community. The geographic coordinates are 30.343411 latitude and -89.428543 longitude. This substantial parcel offers significant potential for a wide range of commercial uses, from retail and restaurants to light industrial and office spaces. The property's size and location make it an attractive investment opportunity with strong potential for future growth and return. This is a rare chance to acquire a sizable, cleared commercial lot in a desirable Mississippi coastal location. Don't miss this opportunity to secure a prime piece of commercial real estate in a rapidly developing area. The property is classified as Special Purpose.

    Property profile
    Verified
    Property type Specialty properties
    Lot 2.99 ac (130,244 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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