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Property profile & analytics
OFF-MARKET
Retail residential properties

120 Railroad St Long Beach, MS 39560-4634

16,555 SF Built 1885
Entity Owned 4-yr Hold Free & Clear
Property ID
US50-0208379
Property summary
AI-generated overview

This exceptional 2.22-acre commercial land parcel, located at 120 East Railroad Street in Long Beach, Mississippi, presents a unique investment opportunity. Situated in the heart of downtown Long Beach, the property boasts excellent street frontage and high visibility, ensuring maximum exposure for any development. The land is zoned C2 (highway commercial), allowing for a wide array of commercial uses, including office buildings, retail spaces, restaurants, and more. High-density residential development is also permitted. The property sits at a high elevation, approximately 26 feet above mean sea level, eliminating flood hazard concerns. Existing infrastructure includes a culverted and covered drainage swale, east and west of the property, ensuring efficient water management. The well-drained, sandy soil is ideal for construction, making this site ready for immediate development. Dimensions are approximate. The asking price is $395,000, translating to a land value of $4.08 per square foot. This prime location and versatile zoning make this property an exceptional investment for discerning buyers seeking a high-impact commercial development opportunity in a thriving Mississippi coastal community.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1885
Total area 16,555 SF
APN 0612B-04-029.000
UPID US50-0208379
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
Current use
Occupant on record · Public records
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Walgreens Pharmacy Pharmacy
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • FedEx OnSite Postal Service Courier Service
  • LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Fair Haven LLC · 4 yrs held
Fair Haven LLC
since 2022
2 recorded transactions
2022
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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