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319 Caillavet St Biloxi, MS 39530-2044

Retail residential properties Google Maps
2,272 SF 0.09 ac lot Built 1980
Individually Owned 3-yr Hold Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US50-1997740

Property summary

AI-generated overview

This vacant, 2,270 square foot commercial building in Biloxi, Mississippi, presents a compelling investment opportunity. Located at 319 Caillavet St, 39530, this single-story structure sits on a 0.09-acre lot zoned RB - Regional Business. Built in 1980, the property previously operated as a convenience store and includes a valuable walk-in cooler, adding significant potential for various retail or restaurant uses. The asking price is $259,500, translating to $114.32 per square foot. Its prime location ensures high visibility and significant foot traffic, making it ideal for entrepreneurs seeking to establish or expand their businesses. While some renovations may be needed, this property offers a strong foundation for a successful venture in Biloxi's dynamic commercial market. The property's address is easily accessible and benefits from its position within a high-traffic area. The 0.09-acre lot provides ample space for potential expansion or outdoor seating, depending on the intended use. The property's APN is 1410e-01-039.000. This is a rare opportunity to acquire a well-situated commercial property in a thriving Mississippi coastal city. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1980
Total area 2,272 SF
Lot 0.09 ac (3,850 SF)
APN 1410E-01-039.000
UPID US50-1997740

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
  • Grocery & Convenience Store Food Market
  • Bank Credit Union
  • Food Market Farmer's Market

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2023
Price N/A
2013
Price N/A

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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More about this property
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