Property profile

540 Bayview Ave Biloxi, MS 39530

FOR SALE
Other land
Property ID
US50-1990799
285,857 SF 6.56 ac lot
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Property summary

AI-generated overview

The property is a 6.56-acre peninsula tract located on the Back Bay of Biloxi with approximately 2,116 feet of deep-water frontage and direct access to the Gulf of Mexico. It is situated at the intersection of Bayview Avenue, Back Bay Boulevard, and Bowen Street, with frontage providing visibility and street accessibility. The site is zoned for waterfront gaming (with approval) and is suitable for a range of waterfront uses, including a casino, marina, luxury hotel, entertainment complex, restaurant, or mixed-use destination. The property includes an existing pier, and full riparian rights are part of the property.

Property profile

Verified
Property type Other land
Total area 285,857 SF
Lot 6.56 ac (285,754 SF)
UPID US50-1990799

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
  • Gas Station

Location

540 Bayview Ave Biloxi, MS 39530
Biloxi metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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