15807 Lemoyne Blvd Biloxi, MS 39532
This exceptional 1.75-acre property at 15807 Lemoyne Boulevard in Biloxi, Mississippi, presents a compelling investment opportunity. Zoned for multifamily use, this 47,000 square foot parcel offers significant potential for development. The property's prime location in the Biloxi/St. Martin area provides convenient access to a wealth of amenities, including world-class casinos, pristine beaches, championship golf courses, diverse shopping and dining options, deep-sea fishing excursions, and captivating museums. The site enjoys excellent connectivity to major transportation arteries, with easy access to I-10 and Highway 90/Beach Boulevard, ensuring seamless commutes and convenient travel. While currently without existing units, the substantial lot size and strategic location make it ideal for the construction of a multifamily residential complex. The asking price is $4,845,000. This presents a rare chance to capitalize on the thriving Biloxi real estate market and create a lucrative investment portfolio addition. The property's versatility and prime location make it an attractive prospect for developers seeking to build a high-demand residential community in a vibrant coastal setting. Further details are available upon request.
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Martinique Condo Office Condominium Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property 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.