Property profile

0 Back Bay Cv Biloxi, MS 39530

OFF-MARKET
Land
3.8 ac lot
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Property summary

AI-generated overview

This exceptional 3.8-acre parcel of land, known as Biloxi's Back Bay, presents a unique investment opportunity in the thriving Biloxi, Mississippi gaming market. Located in Harrison County, with a 39530 zip code, this property boasts permitted gaming zoning, making it ideal for a variety of development projects. Its strategic location adjacent to the Imperial Palace provides immediate access to existing infrastructure and a high-traffic area. The property's proximity to seven other casino resorts further enhances its potential for significant returns. A key advantage is the deep-water channel access, offering convenient transportation and logistical benefits. Furthermore, the city of Biloxi is currently undertaking a substantial $350 million infrastructure improvement project focusing on new streets, water, and sewer systems in East Biloxi. This investment significantly enhances the long-term value and appeal of this property, ensuring a modern and efficient infrastructure to support future development. The asking price for this prime waterfront land is $4,500,000. Adjacent land is also available for larger-scale development projects, providing opportunities for expansion and synergy. This is a rare chance to acquire a significant piece of Biloxi's burgeoning gaming landscape.

Property profile

Verified
Property type Land
Lot 3.8 ac (165,528 SF)

Cap rate & NOI

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

Location

Back Bay Cv Biloxi, MS 39530
Biloxi metro
Google Maps

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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