Property profile

11 Wetzel Dr Biloxi, MS 39532

OFF-MARKET
Land
2.62 ac lot
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Property summary

AI-generated overview

This exceptional 2.62-acre commercial lot, located at Lot 11 Wetzel Drive in Biloxi, Mississippi, presents a unique investment opportunity. Boasting breathtaking views of the Back Bay of Biloxi, this elevated property sits on Brasher Bayou and offers 400 feet of desirable waterfront access. The land is already cleared, providing immediate development potential. Situated within the Peninsula Subdivision, the lot benefits from underground utilities, streetlights, and protective covenants, ensuring a well-maintained and attractive environment. Recreational activities are abundant, with opportunities for fishing, boating, jet skiing, and water-skiing readily available. The property's convenient location provides easy access to Interstate 10, Biloxi schools, and a variety of amenities. Within a 10-minute radius, you'll find golf courses, tennis courts, shopping centers, diverse dining options, including coastal cuisine, and the excitement of casinos. The asking price for this remarkable property is $299,000. The zip code is 39532, and the property is located in Harrison County. This is a rare chance to acquire a prime commercial waterfront lot in a thriving coastal community.

Property profile

Verified
Property type Land
Lot 2.62 ac (114,127 SF)

Cap rate & NOI

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

Location

11 Wetzel Dr 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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