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    OFF-MARKET
    Retail residential properties

    319 Caillavet St, Biloxi, MS 39530-2044

    2,272 SF 0.09 ac lot Built 1980
    Individually Owned 3-yr Hold Free & Clear
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • La Michoacana Grocery & Convenience Store Food Market
    • Barri Agent Bank Credit Union
    • The Bodega Food Market Farmer's Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jesse Loc Nguyen · 3 yrs held
    Jesse Loc Nguyen
    since 2023
    3 recorded transactions
    2023
    2023
    2013
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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