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    OFF-MARKET
    Commercial real estate

    169 5Th St, Biloxi, MS 39530

    1.5 ac lot
    Property ID
    US50-0184846
    Property summary
    AI-generated overview

    This exceptional 1.5-acre commercial waterfront property in Biloxi, Mississippi, presents a unique investment opportunity. Located at 169 5th St, Biloxi, MS 39530 (APN: 1510E-02-006.000), this land boasts 175 feet of waterfront access with a pre-installed deep draft cut, perfectly suited for forklift operations and dry-rack boat warehouse storage. The property's WF (Waterfront) zoning allows for a variety of development possibilities. Enjoy stunning views of Biloxi Back Bay and Clay Point, with the Palace Casino Resort visible across the water. The lot's advantageous location is further enhanced by its proximity to the former Margaritaville Casino, situated directly across 5th Street. While the year of original construction is listed as 1800, this refers to the land itself and not any existing structures. The property offers significant potential for developers seeking a prime waterfront location with existing infrastructure. The asking price is $825,000. This is a rare opportunity to acquire a substantial waterfront parcel in a thriving Mississippi coastal location. The property's size is 1.5 acres, offering ample space for a wide range of commercial ventures. Don't miss this chance to capitalize on the exceptional potential of this unique waterfront property.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.5 ac (65,340 SF)
    APN 1510E-02-006.000
    UPID US50-0184846
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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