0 Us-90 Waveland, MS 39576
This 1.6-acre commercial lot in Waveland, Mississippi, presents a remarkable investment opportunity. Strategically located directly off Highway 90, this property boasts exceptional visibility and accessibility, ideal for retail development. Its prime location ensures maximum exposure to a substantial consumer base, given its proximity to established retail centers and high-traffic areas. The lot's adjacency to a newly constructed T-Mobile store, a soon-to-open Tropical Smoothie and Express Oil, further underscores its desirability. The impending construction of a 110-room, $16 million dual-branded hotel (Fairfield and TownePlace Suites) starting Spring 2024, adds significant value and future growth potential. This location is perfect for a standalone retail establishment or a multi-tenant retail center, catering to the thriving local community and beyond. The property's APN is 138Q-0-34-003.002, and it's situated in Hancock County, Mississippi, with a zip code of 39576. The asking price for this exceptional property is $295,000. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.