Property profile

276 Iberville Dr Biloxi, MS 39531

OFF-MARKET
Specialty properties
Property ID
US50-0945218
26,571 SF 0.61 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a turnkey, 26,571 square-foot RV storage facility situated on a 0.61-acre lot in Biloxi, Mississippi. The property, located at 276 Iberville Drive, boasts 24 individual RV stalls and storage spaces, complete with a shared RV washing area equipped with an oil/water separator and a dedicated RV waste disposal system. Its convenient location places it just a short distance from Keesler Air Force Base Gate 7, offering significant potential for consistent occupancy. Currently in the lease-up phase, this property presents a compelling investment prospect with a price per square foot of $30.07 and an asking price of $799,000. The property's APN is 1210h-02-001.002 and is zoned for its current use. This ready-to-go facility requires minimal operational overhead, making it an attractive option for investors seeking a stable and potentially high-return investment in the thriving Biloxi market. The property's size and features make it well-suited for continued growth and expansion. This is a rare opportunity to acquire a well-established and profitable RV storage business in a prime location.

Property profile

Verified
Property type Specialty properties
Total area 26,571 SF
Lot 0.61 ac (26,572 SF)
UPID US50-0945218

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

276 Iberville Dr Biloxi, MS 39531
Biloxi metro
Google Maps

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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