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    Property profile & analytics

    306 Favre St Waveland, MS 39576

    • Commercial real estate
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1346733
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 306 Favre St

    Lot size
    0.42 lot acres
    Property type
    Commercial real estate
    APN
    162h-0-03-243.000

    Description

    This exceptional 0.42-acre commercial lot, located at 306 Favre Street in Waveland, Mississippi (APN 162h-0-03-243.000), presents a unique investment opportunity. Situated less than half a mile from the beach, this wooded triple lot offers incredible potential for development. Imagine building your dream commercial venture just a short drive from the vibrant Bay St. Louis, known for its historic Old Town district, Depot district, and marina. The property boasts convenient access to a wealth of amenities and attractions, including the Silver Slipper Casino, the Hollywood Casino, Bridges Golf Course, Buccaneer State Park, Buccaneer Bay Waterpark, and Pirate's Alley Nature Trail. All essential utilities are readily available, including public sewer, water, electricity, and cable. This prime location combines the tranquility of a coastal setting with the excitement of nearby entertainment and attractions, making it an ideal investment for discerning buyers seeking a lucrative opportunity in a thriving Mississippi coastal community. The asking price is $39,500. Don't miss this chance to secure your piece of paradise and build your vision.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waveland
    County
    Hancock
    State
    Mississippi
    Longitude
    -89.3771019
    Latitude
    30.284713

    Comparable in this City

    • $3,599,000
      2.60 Acres

      400 Beach Blvd

      Land • 2.60 Acres
      400 Beach Blvd, Waveland, MS 39576
      View Details
    • $59,000
      0.21 Acres

      Waveland Land Near Beach

      Corner lot near the beach in golf cart-friendly Waveland.
      Nicholson Ave, Waveland, MS 39576
      View Details
    • $65,000
      1.07 Acres

      Land Near Waveland Beach

      Approximately one-acre lot near beach and amenities in Waveland, MS.
      306 N Central Ave, Waveland, MS 39576
      View Details
    • $297,000
      4.10 Acres

      Expansive Land Parcel in Waveland

      4.1-acre lot zoned R-1, ideal for residential development.
      2319 Henderson St, Waveland, MS 39576
      View Details
    • Contact for pricing
      0.32 Acres

      Residential Land Near Beach

      Expansive lot near beach, shopping, restaurants, and casinos.
      Huron St, Waveland, MS 39576
      View Details
    • $299,000
      1.07 Acres

      Waterfront Land in Waveland, MS

      1.07-acre waterfront land parcel zoned for single-family residential use.
      Hoffman-Parcel A Ln, Waveland, MS 39576
      View Details

    Similar Nearby for Sale

    • $45,000
      0.57 Acres

      Waveland Land Near Beach

      Prime 0.5+ acre lot near Waveland Beach.
      Waveland Ave, Waveland, MS 39576
      View Details
    • Contact for pricing
      0.90 Acres

      Expansive Lot Near Beach

      Nearly 1-acre lot near beach, shopping, and restaurants.
      Huron St, Waveland, MS 39576
      View Details
    • Contact for pricing
      1.20 Acres

      Waveland, MS Land Opportunity

      1.2 acres of land suitable for residential development.
      425 Herlihy St, Waveland, MS 39576
      View Details
    • $47,500
      0.28 Acres

      Land Near Waveland Beach

      Generously sized lot near the beach in Waveland, Mississippi.
      3 Surf St, Waveland, MS 39576
      View Details
    • $85,000
      0.60 Acres

      Cleared Land Near Beach

      Cleared lots near the beach and city park.
      S Central Ave, Waveland, MS 39576
      View Details
    • Contact for pricing
      0.43 Acres

      Land in Waveland, Mississippi

      Land for sale in Waveland, Mississippi, zoned A1.
      Atlantic St, Waveland, MS 39576
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,000 SF

      Magnolia Marketplace Retail Space

      Waveland, MS retail center: 7 spaces available
      407 Us-90, Waveland, MS 39576
      View Details
    • $3 SF/Yr
      127,889 SF

      Choctaw Plaza: Waveland Retail Space

      High-visibility retail space, Waveland, MS. Multiple units available.
      320 Us-90, Waveland, MS 39576
      View Details
    • $30 SF/Yr
      11,180 SF

      Highway Frontage Retail Opportunity

      Retail property available for lease, build to suit, or ground lease.
      403 Highway 90, Waveland, MS 39576
      View Details
    • $3 SF/Yr
      17,050 SF

      Retail Space in Choctaw Plaza

      Retail space available in a vibrant, high-traffic location.
      320 Highway 90, Waveland, MS 39576
      View Details
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    306 Favre St
    Waveland, MS 39576
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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