828 Highway 90Bay St. Louis, MS 39520

Property Details for 828 Highway 90

Year built

2007

Property size (Sq ft)

12,360 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

137G-0-25-050.000

APU

137G025050000

Description

This exceptional 2,400 square foot retail property, situated on a 1.01-acre lot at 828 Highway 90 in Bay Saint Louis, Mississippi, presents a unique investment opportunity. The entire building is currently vacant, offering a blank canvas for a prospective tenant to customize the space to their specific needs. The property's prime location directly off Highway 90 ensures high visibility and accessibility, placing it within minutes of Old Towne Bay St. Louis and the Hollywood Casino, guaranteeing significant foot traffic and exposure. The single suite layout provides flexibility and efficiency for a variety of retail businesses. Located in Hancock County, this property boasts a convenient address with easy access to major transportation routes. The expansive 1.01-acre lot offers ample space for potential expansion or outdoor amenities. This is an ideal location for businesses seeking high visibility and proximity to key attractions and a thriving community. The property's size and location make it an attractive proposition for a wide range of retail ventures. Don't miss this chance to secure a prominent retail space in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,164,020

  6.5%

  $1,997,560

  7%

  $1,854,870

• Comparable approach

  Method

  Valuation

  Relative Method

  $980,545

  Geo Method

  $913,819

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,808,000

  Mixed-Use / Specialty

  $2,025,770

  Hospitality / Lodging

  $1,532,240

  Office

  $2,050,530

  Institutional / Educational

  $2,118,610

  Residential Income

  $2,478,770

  Multifamily

  $2,777,040

  Automotive / Energy

  $1,815,950

  Parking / Income-Based Land

  $591,756

  Restaurant / Food Service

  $1,129,020

  Healthcare / Senior Housing

  $2,041,150

Location Insight

City

Bay Saint Louis

County

Hancock

State

Mississippi

Latitude

30.3142

Longitude

-89.3527

CBSA code

25060

CBSA name

GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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