16475 Us-90 Pearlington, MS 39572
This exceptional retail property in Pearlington, Mississippi, presents a unique investment opportunity. Situated on a spacious 1.77-acre lot with 180 feet of navigable waterfront access to the East Pearl River and the Gulf of Mexico, this property boasts significant commercial potential. The 560-square-foot building enjoys 124 feet of high-visibility frontage along US Highway 90, ensuring excellent exposure to a steady stream of traffic. Its versatile design makes it suitable for a variety of retail uses, such as a bait shop, or other similar businesses. The property's current owner holds a valuable 10-year DEQ permit, simplifying the transition for a new owner. The asking price is $550,000, representing a land value of approximately $310,734.46 per acre. The property's location in Hancock County, Mississippi, with the address 16475 US-90, zip code 39572, offers easy access to major transportation routes and a thriving community. This combination of waterfront access, highway frontage, and existing permits makes this a truly remarkable opportunity for a savvy investor seeking a high-return property with significant upside potential. The property's APN is 185n-2021-069.000.
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
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Property description
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Risks
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