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    FOR SALE
    Commercial real estate

    845 E Scenic Dr, Pass Christian, MS 39571

    8.5 ac lot
    Property ID
    US50-0356039
    Property summary
    AI-generated overview

    This exceptional 8.5-acre property in Pass Christian, Mississippi, presents a unique investment opportunity. Located on Scenic Drive between Beach Blvd and Second Street, it boasts breathtaking Gulf of Mexico views and unparalleled access to the beach, marina, and yacht club. The land comprises six parcels, offering potential for a private estate or multi-home development, with convenient front and rear entrances. Adding to its appeal is a charming 1940s saddlebag cottage, expanded with a master wing, along with a carport, garage storage, covered walkway, inground pool, and gazebo. This prime real estate is minutes from downtown Pass Christian's shops, restaurants, and entertainment. The property's serene environment and stunning water views create a perfect setting for relaxation or a lucrative development project. The asking price is $5,500,000. This is a rare chance to acquire a significant piece of desirable Pass Christian real estate with exceptional development potential and stunning coastal views. The property's address is 845 E Scenic Drive, Pass Christian, MS 39571.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 8.5 ac (370,260 SF)
    UPID US50-0356039
    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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    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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