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Property profile & analytics
OFF-MARKET
Land

0 Washington Ave Ocean Springs, MS 39564

1.37 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.37 ac (59,677 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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