17 Wetzel Dr, Biloxi, MS 39532
This exceptional 1.18-acre commercial lot in Biloxi, Mississippi, presents a unique investment opportunity. Located on Wetzel Drive in the Peninsula Subdivision, this cleared lot boasts breathtaking views of the Back Bay of Biloxi and 79 feet of desirable waterfront access on Brasher Bayou. Situated on a hill, the property offers excellent visibility and accessibility. The subdivision features underground utilities, streetlights, and protective covenants, ensuring a well-maintained and attractive environment. Recreational activities abound, including fishing, boating, jet skiing, and water-skiing, all readily available from the property. 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 $139,000. The lot's size and prime location make it ideal for a variety of commercial ventures. Don't miss this chance to acquire a piece of Biloxi's vibrant waterfront. The property is zoned for commercial use (verification required). 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
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.