867 Division St Biloxi, MS 39530
This exceptional 0.11-acre commercial lot in Biloxi, Mississippi, presents a unique redevelopment opportunity. Located at 867 Division St, 39530, this prime corner lot boasts high visibility due to its adjacency to Quality Seafood and its position on three streets, making it ideal for a drive-through business. Currently featuring a tear-down house, the property offers ample space for new construction. The Regional Business (RB) zoning allows for a variety of commercial ventures, including restaurants and retail outlets. Situated in Harrison County, this property benefits from Biloxi's thriving economy and vibrant community, creating an attractive location for entrepreneurs seeking high foot traffic and excellent visibility. The lot's APN is 1410F-06-122.000. This is an exceptional chance to establish a successful business in a dynamic market. The asking price is $175,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.