38 Royal Oak, Biloxi, MS 39535
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty 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.