23053 Jones Rd Pass Christian, MS 39571
This exceptional commercial property encompasses nearly 5 acres of waterfront land in Pass Christian, Mississippi. Located at 23053 Jones Road, this offering presents a unique investment opportunity with the potential for diverse development. The property is divided into three separate lots, allowing for flexibility in acquisition – purchase one, two, or all three lots to suit your specific needs. The asking price for the entire 4.8-acre parcel is $266,666, translating to approximately $55,555.42 per acre. The property's APN is 0412k-01-003.000. Note that a Katrina-damaged house situated on cement piers is present on the property. This structure may present a potential fixer-upper opportunity, or it could be removed to maximize the land's development potential. Detailed pricing information for purchasing less than the entire three-lot assemblage is available in the accompanying documents. This prime waterfront location in Harrison County, Mississippi (zip code 39571) offers unparalleled access and visibility, making it ideal for a variety of commercial ventures. The property's coordinates are 30.3385635 latitude and -89.2232569 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.