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Property profile & analytics
OFF-MARKET
Commercial real estate

2459 Pass Rd Biloxi, MS 39531

38.41 ac lot
Property ID
US50-0035092
Property summary
AI-generated overview

This exceptional 38.41-acre commercial land parcel in Biloxi, Mississippi, presents a remarkable investment opportunity. Strategically located on the new Popps Ferry Extension to Highway 90, this property boasts unparalleled access to I-10, the Gulf Coast Coliseum, and Biloxi Beach. Zoned for Neighborhood Business, the land offers immense flexibility for various development projects, including multi-family residences, townhomes, or single-family homes. The ability to subdivide the property allows developers to tailor projects to market demands. Further enhancing its appeal is the recent addition of a Rouse's Grocery Store nearby, promising increased foot traffic and convenient shopping for future residents. Given its prime location on a major traffic artery and the ongoing development in Biloxi, this property is poised for significant long-term value appreciation. The asking price is $1,900,000, translating to $49,466.28 per acre. Parcel numbers are 1110g-02-012.000, 1110g-02-006.000, and 1110j-01-001. The address is 2459 Pass Rd, Biloxi, MS 39531. This is an ideal investment for developers seeking a high-potential, strategically located property in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 38.41 ac (1,673,140 SF)
APN 1110g-02-012.000, 1110g-02-006.000, 1110j-01-001
UPID US50-0035092
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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