Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    337 Bayview St Biloxi, MS 39532

    • Commercial real estate
    For Sale
    View listing
    $450,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-1995746
    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 337 Bayview St

    Property type
    Commercial real estate

    Description

    This exceptional 39532 Biloxi, MS property, located at 337 Bayview, presents a unique opportunity for discerning buyers. Priced at $450,000, this vacant land parcel offers unparalleled potential. Situated just one block from the Biloxi Bay, this location provides breathtaking views and easy access to the waterfront. The property is ideal for constructing a custom home, taking advantage of its picturesque setting and proximity to the bay. Alternatively, this land presents a compelling investment opportunity for developers or those seeking a strategic land acquisition in a desirable area. Water and sewer services are available, although not currently connected to the property. The address is verified as 337 Bayview, Biloxi, Mississippi, 39532, with GPS coordinates of 30.4447557 latitude and -89.0031077 longitude. This is a rare chance to secure a piece of Biloxi real estate with significant potential for future growth and development. Don't miss this chance to own a piece of this beautiful coastal location. The property is classified as land and is ready for its next chapter.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.0031077
    Latitude
    30.4447557

    Comparable in this City

    • $35,000
      0.29 Acres

      Biloxi Commercial Land: Deep Water Access

      Prime 0.29-acre commercial lot, Biloxi, MS
      15929 Cottonwood Dr, Biloxi, MS 39532
      View Details
    • $99,900
      1.00 Acre

      Prime Biloxi Commercial Land

      1-Acre Vacant Lot, High Visibility
      0 Lorraine Rd, Biloxi, MS 39532
      View Details
    • $895,000
      38.60 Acres

      Biloxi Agricultural Land - $895,000

      38.6 Acres, Prime Location, Residential Home Included
      13524 Scruggs Ln, Biloxi, MS 39532
      View Details
    • $169,000
      0.84 Acres

      Biloxi Waterfront Commercial Lot

      Prime 0.84-acre waterfront lot in Biloxi, MS
      13 Wetzel Dr, Biloxi, MS 39532
      View Details
    • $125,000
      0.53 Acres

      Residential Land in Waterfront Community

      Cleared lot ready for dream home in Biloxi, MS.
      Savannah Estates Blvd, Biloxi, MS 39532
      View Details
    • $550,000
      4.60 Acres

      Prime Land in Biloxi, MS

      4.6 acre C-4 zoned land ready for development.
      14708 Mallett Rd, Biloxi, MS 39532
      View Details

    Similar Nearby for Sale

    • $99,900
      1.00 Acre

      Prime Biloxi Commercial Land

      1-Acre Vacant Lot, High Visibility
      0 Lorraine Rd, Biloxi, MS 39532
      View Details
    • $35,000
      0.29 Acres

      Biloxi Commercial Land: Deep Water Access

      Prime 0.29-acre commercial lot, Biloxi, MS
      15929 Cottonwood Dr, Biloxi, MS 39532
      View Details
    • $169,000
      0.84 Acres

      Biloxi Waterfront Commercial Lot

      Prime 0.84-acre waterfront lot in Biloxi, MS
      13 Wetzel Dr, Biloxi, MS 39532
      View Details
    • $895,000
      38.60 Acres

      Biloxi Agricultural Land - $895,000

      38.6 Acres, Prime Location, Residential Home Included
      13524 Scruggs Ln, Biloxi, MS 39532
      View Details
    • $550,000
      4.60 Acres

      Prime Land in Biloxi, MS

      4.6 acre C-4 zoned land ready for development.
      14708 Mallett Rd, Biloxi, MS 39532
      View Details
    • $348,000
      Pending

      Biloxi Land with Helipad

      2.8-acre commercial land with helipad in Biloxi, MS.
      11532 Cedar Lake Rd, Biloxi, MS 39532
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      72,025 SF

      Cedar Lake Medical Office Space

      Biloxi, MS medical office suites available
      1720 Medical Park Dr, Biloxi, MS 39532
      View Details
    • $22 SF/Yr
      3,762 SF

      Medical Office Building For Lease

      Prime medical office building near I-10 and Cedar Lake Road.
      1759 Medical Park Dr, Biloxi, MS 39532
      View Details
    • $1,100 /Mo
      1,000 SF

      Biloxi Commercial Unit For Lease

      Commercial unit available for lease in Biloxi, MS.
      458 Back Bay Blvd, Biloxi, MS 39532
      View Details
    • $2,853 /Mo
      26,952 SF

      Biloxi Office Space Available

      Well-located office complex with immediate occupancy.
      925 Tommy Munro Dr, Biloxi, MS 39532
      View Details
    • $20 SF/Yr
      5,100 SF

      New Office Building on Popps Ferry

      New office building near Popps Ferry and Cedar Lake Road.
      1635 Popps Ferry Rd, Biloxi, MS 39532
      View Details
    • $1,400 /Mo
      1,200 SF

      Biloxi Office Space For Lease

      Office space for lease with road frontage visible from I-10.
      8579 W Oaklawn Rd, Biloxi, MS 39532
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    337 Bayview St
    Biloxi, MS 39532
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.