0 Washington Ave Ocean Springs, MS 39564
This exceptional 1.37-acre vacant commercial lot presents a prime investment opportunity in the thriving Ocean Springs, Mississippi market. Located at 0 Washington Avenue, this property boasts unparalleled visibility due to its position on a heavily trafficked roadway, Washington Avenue, experiencing approximately 35,000 vehicles daily (2016 data). The lot's strategic placement includes a center turn lane, providing convenient access for both northbound and southbound traffic. Its proximity to established businesses like Polk Pharmacy and a marine boat sales company further enhances its commercial appeal. Situated just outside the Gulf Hills Subdivision, this location offers a blend of accessibility and desirable neighborhood proximity. Preliminary assessments indicate the property is not located within a flood zone or wetland area, although further investigation is recommended to confirm this. The absence of existing structures allows for complete design flexibility, making it ideal for a wide range of commercial developments. This property's size, location, and high traffic count make it an exceptional opportunity for investors seeking a high-impact commercial investment in Ocean Springs, MS. The zip code is 39564. Jackson County is the county location.
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
Similar Nearby for Sale
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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.