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    Property profile & analytics

    7304 Washington Ave Ocean Springs, MS 39564-2150

    • Hotels
    • 22,686 SF
    • 1.42 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 11, 2023
    Location Intelligence
    Property ID
    US50-0159769
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Quality Inn / Hotel / Lodge
    • McDonald's / Restaurant
    • Econo Lodge Inn & Suites Ocean Springs - Biloxi / Hotel
    • OCEAN SPRINGS SUITES / Hotel

    Property Details for 7304 Washington Ave

    Year built
    1995
    Lot size
    1.42 lot acres
    Property size
    22,686 SF
    Property type
    Hotels
    APN
    03612360.050
    APU
    3612360050

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Springs
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.84
    Latitude
    30.448
    CBSA code
    25060
    CBSA name
    GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $35,366
    $42,711
    $248,846
    $291,557
    -
    $284,740
    $1,658,972
    $1,943,712

    Comparable in this City

    • Value Estimation by Request
      6,382 SF

      604 Porter Ave

      HOTEL • 6,382 SF
      604 Porter Ave, Ocean Springs, MS 39564-3720
      View Details
    • Value Estimation by Request

      604 Porter Ave

      HOTEL
      604 Porter Ave, Ocean Springs, MS 39564-3720
      View Details
    • Value Estimation
      $865,000
      39,096 SF

      7301 Washington Ave

      HOTEL • 39,096 SF
      7301 Washington Ave, Ocean Springs, MS 39564-2103
      View Details
    • Value Estimation
      $305,000
      1,710 SF

      616 Porter Ave

      HOTEL • 1,710 SF
      616 Porter Ave, Ocean Springs, MS 39564-3720
      View Details
    • Value Estimation
      $615,000
      15,300 SF

      13701 Paso Rd

      HOTEL • 15,300 SF
      13701 Paso Rd, Ocean Springs, MS 39564-2262
      View Details
    • Value Estimation
      $370,000
      2,319 SF

      3425 Bienville Blvd

      MOTEL • 2,319 SF
      3425 Bienville Blvd, Ocean Springs, MS 39564-5749
      View Details

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    Similar Nearby for Lease

    • $9 SF/Yr
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      Gulf Breeze Plaza: Retail Opportunity

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      Prime Ocean Springs retail space available. High visibility, great location.
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      Retail Space in Ocean Springs

      Retail space available in a busy Ocean Springs location.
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      Prime Flex Space, 15,665 SF Available
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      Well-kept shopping center with high visibility and ample parking.
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      Versatile office space in Ocean Springs' newest mixed-use hub.
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      View Details
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    7304 Washington Ave
    Ocean Springs, MS 39564-2150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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