Property profile

12409 Lorraine Rd Biloxi, MS 39532

OFF-MARKET
Land
Property ID
US50-0317973
14.64 ac lot
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Property summary

AI-generated overview

This exceptional 14.64-acre parcel of vacant land presents a remarkable investment opportunity in Biloxi, Mississippi. Located at 12409 Lorraine Road, this property boasts 1186 feet of road frontage, providing excellent accessibility and visibility. The zoning designation is Neighborhood Business, opening up a wide range of potential development options. Envision the possibilities: commercial ventures, residential housing, multifamily complexes, or a mix of uses to cater to the growing needs of the community. The expansive lot size offers ample space for creative and ambitious projects. With its strategic location and flexible zoning, this property is poised for significant growth and return on investment. The property's APN is 1008-02-001.000 and is situated in Harrison County, Mississippi, zip code 39532. This is a rare chance to acquire a substantial land holding in a thriving area with high potential for future development. The asking price for this exceptional property is $150,000. Don't miss this opportunity to secure your piece of Biloxi's future.

Property profile

Verified
Property type Land
Lot 14.64 ac (637,718 SF)
UPID US50-0317973

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12409 Lorraine Rd Biloxi, MS 39532
Biloxi metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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