Property profile

424 Washington Ave Ocean Springs, MS 39564

OFF-MARKET
Office buildings
Property ID
US50-0275528
7,098 SF 0.34 ac lot Built 1930
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1930
Total area 7,098 SF
Lot 0.34 ac (14,810 SF)
APN 60137526.000
UPID US50-0275528

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
  • (Bike/Boat/Book/etc) Store Florist
  • Hotel & Motel

Location

424 Washington Ave Ocean Springs, MS 39564-4630
Ocean Springs metro Census 40500 GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.04M

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +32.5%

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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