4 Wetzel Dr, Biloxi, MS 39532
This exceptional 0.96-acre commercial lot, located at Lot 4 Wetzel Drive in Biloxi, Mississippi, presents a unique investment opportunity. Boasting an amazing view overlooking the picturesque Back Bay of Biloxi, this cleared lot offers 119 feet of desirable waterfront access. Situated in the Peninsula Subdivision, the property benefits from underground utilities, streetlights, and protective covenants, ensuring a well-maintained and attractive environment. Recreational activities abound, with opportunities for fishing, boating, jet skiing, and water-skiing readily available. The convenient location provides easy access to Interstate 10, Biloxi schools, and a wealth of amenities. Within a 10-minute radius, you'll find golfing, tennis courts, shopping centers, diverse dining options including coastal cuisine, and the excitement of local casinos. The asking price for this remarkable property is $299,000. The lot's size and prime location make it ideal for a variety of commercial ventures. This is a rare chance to acquire a piece of Biloxi's beautiful waterfront. The zip code is 39532, and the property is located in Harrison County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.