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Property profile & analytics
OFF-MARKET
Land

13 Wetzel Dr Biloxi, MS 39532

0.84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.84-acre commercial lot, located at Lot 13 Wetzel Drive in Biloxi, Mississippi, presents a unique investment opportunity. Boasting breathtaking views of the Back Bay of Biloxi, this property sits on Brasher Bayou atop a hill, offering nearly a full acre of cleared land and an impressive 112 feet of waterfront access. The location provides convenient access to Interstate 10 and Biloxi schools, making it ideal for various commercial ventures. Situated within the Peninsula Subdivision, this lot benefits from underground utilities, streetlights, and protective covenants, ensuring a well-maintained and desirable environment. Residents and businesses in the subdivision enjoy a range of recreational activities, including fishing, boating, jet skiing, and water-skiing. The property's prime location also offers easy access to a variety of amenities, including golf courses, tennis courts, shopping centers, diverse dining options featuring coastal cuisine, and the excitement of nearby casinos, all within a 10-minute radius. The asking price for this remarkable property is $169,000. The zip code is 39532, and the property is located in Harrison County. This is a rare opportunity to acquire a highly desirable waterfront commercial lot in a thriving coastal community.

Property profile
Verified
Property type Land
Lot 0.84 ac (36,590 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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