Property profile

307 Shirley Ct Biloxi, MS 39531

FOR SALE
Commercial real estate
Property ID
US50-0209990
3,349 SF 0.63 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional investment opportunity in Biloxi, Mississippi, presents a unique portfolio of income-generating properties situated on a sizable 0.63-acre lot. The offering encompasses three buildings located at 307, 308A, 308B, and 311 Shirley Court, totaling 3,349 square feet. One of the properties is a currently rented single-family home generating $650 per month in rental income. The property also includes a two-story duplex and a substantial shop, offering diverse income streams and potential for further development. The property is being sold "as is." The land is a significant asset, boasting mature oak trees and substantial space. This presents a rare chance to acquire a multi-faceted commercial property with immediate income and significant upside potential. The property's location in Biloxi offers access to a thriving local economy and a strong rental market. Note that this listing may be combined with additional properties at 107 Shirley Court and 288 Dewey Circle (sold separately). This is an ideal opportunity for investors seeking a diversified portfolio with immediate cash flow and long-term growth prospects. The property's size and existing structures provide ample room for expansion or redevelopment, catering to a wide range of commercial uses.

Property profile

Verified
Property type Commercial real estate
Year built 1940
Total area 3,349 SF
Lot 0.63 ac (27,443 SF)
UPID US50-0209990

Cap rate & NOI

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

Location

307 Shirley Ct Biloxi, MS 39531
Biloxi metro
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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