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    OFF-MARKET
    Land

    38 Royal Oak, Biloxi, MS 39535

    Property ID
    Property summary
    AI-generated overview

    This 10,000 square foot land parcel, located at 38 & 39 Royal Oak in Bay St. Louis, Mississippi (zip code 39535), presents a unique investment opportunity. The property is ideally situated for various uses, particularly given its proximity to Cruising the Coast events. Currently, the land is wooded and requires some clearing. The asking price for this property is $7,000. While the land is currently undeveloped, it offers significant potential for development. The property's size provides ample space for a variety of projects. Prospective buyers should note that sewer and water hookup costs are estimated at approximately $4500. This cost is separate from the purchase price of the land. The property's location in Bay St. Louis, Mississippi, offers access to local amenities and attractions. Detailed site surveys and environmental assessments are recommended before any development plans are finalized. This is a rare opportunity to acquire a sizable parcel of land in a desirable location at an attractive price point. Serious inquiries are encouraged. Coordinates for the property are 30.4025846 latitude and -88.9618245 longitude.

    Property profile
    Verified
    Property type Land
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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