14085 Lamey Bridge Rd Biloxi, MS 39532
This exceptional 16-acre development site, located at 14085 Lamey Bridge Rd, Biloxi, MS 39532 (APN 1407-28-011.000), presents a unique opportunity for residential construction. Situated at the strategic intersection of Highway 15 and Lamey Bridge Road, this property enjoys a prime location within the established Bridgewood and Longwood communities. Currently zoned for residential low-density development, the land boasts a significant advantage: it previously held high-density multi-family zoning approval, simplifying the permitting process for ambitious projects. Detailed plans for an apartment complex are available for review. The high elevation ensures the property is outside of any flood zone, mitigating risk and enhancing its desirability. Furthermore, all necessary environmental mitigation credits have already been secured, streamlining the development timeline. This exceptional offering is priced at $2,000,000 and presents a compelling investment opportunity. The owner is also open to exploring joint venture partnerships. A flyover video is available for viewing online. This property is ideal for apartment complexes, assisted living facilities, or other multi-family residential developments. Don't miss this chance to acquire a premier development site in a thriving Biloxi community.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.