Property profile

4049 Lickskillet Rd Biloxi, MS 39532

OFF-MARKET
Land
Property ID
US50-0236967
366.42 ac lot
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Property summary

AI-generated overview

This exceptional 366.42-acre agricultural property in Harrison County, Mississippi, presents a unique investment opportunity. Located at 4049 Lickskillet Rd, Biloxi, MS 39532 (APN 1308A-02-006.000), this expansive tract is strategically positioned approximately one mile north of the intersection of Interstates 10 and 110, offering unparalleled access to major transportation arteries. The land is zoned for agricultural, single-family, and multi-family uses, providing considerable flexibility for future development. The asking price is $8,900,000, translating to a land value of $24,289 per acre. Its prime location offers significant advantages, situated near the bustling Promenade shopping center, home to major retailers such as Target, Kohl's, Bed Bath & Beyond, Kirkland's, and Dick's Sporting Goods. Within a 1.5-mile radius, the property benefits from over 1.5 million square feet of retail and restaurant space, underscoring its potential for both agricultural pursuits and complementary commercial ventures. This property represents a rare combination of size, location, and zoning potential, making it an attractive investment for discerning buyers seeking a substantial land holding in a rapidly growing area. The property's proximity to major highways ensures easy access to a large consumer base and facilitates efficient transportation of goods and services. The diverse zoning allows for a range of development options, catering to various investment strategies and long-term growth potential.

Property profile

Verified
Property type Land
Lot 366.42 ac (15,961,255 SF)
UPID US50-0236967

Cap rate & NOI

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

Location

4049 Lickskillet Rd Biloxi, MS 39532
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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