Property profile

0 Lorraine Rd Biloxi, MS 39532

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre commercial land parcel in Biloxi, Mississippi, presents a unique investment opportunity. Located at 0 Lorraine Road, this mostly cleared lot boasts over 200 feet of road frontage, providing excellent visibility and accessibility. The property is conveniently situated for easy access to Interstate 10 via both Lorraine Road and Old Highway 67 exits, ensuring convenient transportation for businesses and employees. Significant improvements have recently been made with public water now readily available. The land itself is characterized by the presence of several oak trees, adding to its aesthetic appeal. With a total area of 43,560 square feet, this property is priced at $99,900, representing a land value of $43,560 per square foot. Its ideal location and readily available utilities make it an attractive site for a variety of commercial ventures. The property is classified as vacant land and is designated as "Other" within the commercial land subtype. The zip code is 39532, and the property is situated in Harrison County, Mississippi. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Mississippi coastal city.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lorraine Rd Biloxi, MS 39532
Biloxi metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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