Financial
Distress signals
Property profile

601 Washington Ave Ocean Springs, MS 39564

OFF-MARKET
Grocery and convenience stores
Property ID
US50-0232512
2,890 SF 0.26 ac lot Built 1972
Last sale Dec 2023
Trust Owned Owner of record is a trust. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building located in downtown Ocean Springs, Mississippi, situated on a double corner lot with parking available on Washington and Porter Avenue. The lot area is approximately 11,330 square feet and the building area is approximately 2,796 square feet. The building has a history of use as a whole food store (Five Seasons) dating back to 1972, and the layout presents potential for combined residential and commercial use. The property is positioned to support a range of business uses based on its downtown corner location and access.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$43k
Assessed land$26k
Assessed improvement$17k
Effective rate14.56%

Value estimate

· Sep 2026
$360k
$324k – $396k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.5
Parking Facility9.2
Convenience Store9.1

Location

601 Washington Ave Ocean Springs, MS 39564-4633
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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