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Property profile & analytics
OFF-MARKET
Commercial real estate

26 Terrace Ave Waveland, MS 39576

17,424 SF 0.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.4-acre commercial property, encompassing 17,424 square feet, presents a remarkable investment opportunity in the vibrant coastal town of Waveland, Mississippi. Situated on Lots 25 and 26 of Terrace Avenue, this property enjoys an enviable location, just a short stroll from the beautiful white sandy beaches. Its ideal positioning makes it perfect for a diverse range of commercial ventures, including shops, restaurants, bars, or offices. The property's proximity to the beach, the Waveland Pier, and Buccaneer State Park offers unparalleled access to recreational activities and stunning natural beauty. The charming atmosphere of Waveland, combined with its easy access to Old Town Bay St. Louis via golf cart, creates a unique and appealing environment for both businesses and residents. This is a chance to establish a thriving business in a high-demand coastal community, capitalizing on the area's growing popularity as a tourist destination and residential haven. The property's size and location provide ample space for development, allowing for significant flexibility in design and functionality. This is an exceptional opportunity for entrepreneurs, investors, and developers seeking a prime location to build or expand their commercial interests in a thriving Gulf Coast community. The potential for success in this area is undeniable, making this property a truly compelling investment. The asking price is $150,000.

Property profile
Verified
Property type Commercial real estate
Total area 17,424 SF
Lot 0.4 ac (17,424 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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