169 5Th St, Biloxi, MS 39530
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.
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.
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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.