291 Gulfwater Dr Biloxi, MS 39531-2629
- Retail residential properties
- 3,232 SF
- 0.79 lot acres
Current Use by Public Records
- Apostolic Lighthouse United Pentecostal Church / Church
- DigiTHERM-MS / Medical Equipment Supplier
- Snaparazzi Photo / Photo Booth / Event Technology Service
- Cavu Productions / Video Production Service
Property Details for 291 Gulfwater Dr
- Year built
- 1965
- Lot size
- 0.79 lot acres
- Property size
- 3,232 SF
- Property type
- Retail residential properties
- APN
- 1110E-02-036.000
- APU
- 1110E02036000
Description
This exceptional commercial property, located at 291 Gulfwater Drive in Biloxi, Mississippi, presents a unique investment opportunity. The property encompasses a 0.55-acre lot and features a single-story, 1-suite office building constructed in 1965. The building is classified as Class D and is zoned for Neighborhood Business use. The property includes one dock-high door, but no elevators. Taxes are $1.64 per square foot. The convenient location offers easy access to key amenities, including proximity to Pass Road, Edgewater Mall, and a Super Walmart. The current tenant will vacate the premises on January 1st, 2025, opening up possibilities for immediate occupancy or lease to a new tenant. The property's parcel number is 1110e-02-036.000 within Harrison County. This presents a compelling opportunity for investors seeking a well-situated commercial property in a thriving area of Biloxi. The existing building provides immediate income potential until the tenant's departure, and the land offers significant redevelopment potential. The property's strategic location and future possibilities make it an attractive investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Biloxi
- County
- Harrison
- State
- Mississippi
- Longitude
- -88.9996
- Latitude
- 30.3998
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
