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Property profile & analytics
OFF-MARKET
Land

5233 Lakeshore Rd Bay St. Louis, MS 39520

0.47 ac lot
Property ID
US50-1813804
Property summary
AI-generated overview

This exceptional 0.47-acre commercial lot in Bay Saint Louis, Mississippi, presents a unique investment opportunity. Located at 5233 Lakeshore Road, zip code 39520, this property boasts a picturesque view directly overlooking the canal. The lot is already equipped with a bulkhead, saving significant development costs. Its C4 Commercial Resort zoning offers considerable flexibility for various commercial ventures. While ideal for commercial development, the property's stunning location and waterfront views also make it a potentially attractive residential site, subject to city approval. The address is easily accessible, situated in Hancock County, Mississippi, at the coordinates 30.246198 latitude and -89.432863 longitude. The asking price for this remarkable property is $189,900. Don't miss the chance to acquire this one-of-a-kind parcel with its exceptional waterfront setting and promising commercial potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 0.47 ac (20,473 SF)
UPID US50-1813804
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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