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    FOR SALE
    Commercial real estate

    540 Bayview Ave, Biloxi, MS 39530

    285,857 SF 6.56 ac lot
    Property ID
    US50-1990799
    Property summary
    AI-generated overview

    This exceptional 6.56-acre parcel of unimproved land presents a remarkable redevelopment opportunity in Biloxi, Mississippi. Situated at 540 Bayview Avenue, this property boasts approximately 2116 linear feet of deep-water frontage on the back bay, offering unparalleled access and potential. The land's zoning allows for a variety of uses, including the possibility of a casino development, subject to necessary approvals. An existing pier on the property adds further value and potential for development. The total land area encompasses 285,857 square feet, providing ample space for a large-scale project. The property's location in Biloxi, Harrison County, MS, zip code 39530 (30.41024, -88.877173), places it within a thriving coastal community with significant tourism and economic activity. This is a rare chance to acquire a significant waterfront property with exceptional potential for a high-impact development. The asking price for this unique opportunity is $16,500,000. All information should be independently verified by the buyer.

    Property profile
    Verified
    Property type Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Martin Energy Services LLC Gas Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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