2459 Pass Rd Biloxi, MS 39531
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.
Cap rate
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Property description
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