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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1 Promenade Pkwy D'Iberville, MS 39540

1.08 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.08-acre commercial land parcel in D'Iberville, Mississippi, presents a unique investment opportunity within a thriving Opportunity Zone. Located at 1 Promenade Parkway, this vacant lot is ideally situated adjacent to "The Promenade," a premier retail center anchored by major national brands including Target, Kohl's, Best Buy, Dick's Sporting Goods, Bed Bath & Beyond, Ashley HomeStore, and Kirkland's. A new Hobby Lobby is currently under construction, further solidifying the area's retail strength. The property boasts a convenient location, with easy access via a newly opened I-10 eastbound on-ramp to Promenade Parkway. Its proximity to Keesler Air Force Base (3.5 miles), contributing a $1.6 billion economic impact to the Mississippi Coast, and major casinos (5 miles) including Beau Rivage, Hard Rock, Golden Nugget, and Imperial Palace, ensures high visibility and strong potential for future growth. The site is fully entitled with Id-D Interstate District zoning, wetlands mitigation completed, utilities readily available at the road, and detention facilities in place. Street lamps line Promenade Parkway, enhancing visibility and safety. The land has been cleared and graded, with a grading plan available upon request. The asking price is $1,800,000, reflecting a land value of $1,038,888 per acre. This is a NNN lease type property with vacant tenancy. The APN is 1308I-01-036.000. Don't miss this chance to capitalize on this prime retail development opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.08 ac (47,045 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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