Property profile

169 5Th St Biloxi, MS 39530

OFF-MARKET
Land
Property ID
US50-0184846
1.5 ac lot
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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 Land
Lot 1.5 ac (65,340 SF)
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

Location

169 5Th St Biloxi, MS 39530
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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