11516 Lamey Bridge RdD'Iberville, MS 39540

Property Details for 11516 Lamey Bridge Rd

Year built

2007

Lot size

3.70 AC

Property size (Sq ft)

26,869 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1408K-01-001.002

APU

1408K01001002

Description

This exceptional single-tenant retail property, located at 11516 Lamey Bridge Road in D'Iberville, Mississippi, presents a unique investment opportunity. Situated on a sizable 3.7-acre lot, the property boasts a 2007-built, single-story building with a total of one suite. The building's zoning is C-3, allowing for a variety of commercial uses. The property's location within the vibrant Lakeview Village offers excellent visibility and accessibility, surrounded by a thriving mix of national and local retailers, restaurants, and banking institutions. Its proximity to the prominent "The Promenade" shopping center, anchored by major retailers such as Target, Dick's Sporting Goods, Ashley HomeStore, and Hobby Lobby, ensures high foot traffic and strong consumer demographics. The suite size ranges from 1,400 to 2,000 square feet, providing ample space for a variety of businesses. The property's APN is 1408k-01-001.002, and it is located in Harrison County, Mississippi, with a zip code of 39540. This is an ideal location for businesses seeking high visibility and access to a dense consumer base in a rapidly growing area. The property offers significant potential for growth and return on investment. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $6,263,562

  6.5%

  $5,781,750

  7%

  $5,368,767

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,164,970

  Geo Method

  $4,813,496

• Alternative Use

  Use

  Valuation

  Residential

  $4,877,122

  Hospitality

  $4,467,418

  Educational

  $3,716,839

  Medical

  $3,844,666

  Retail

  $5,781,750

Location Insight

City

Diberville

County

Harrison

State

Mississippi

Latitude

30.4564

Longitude

-88.8911

CBSA code

25060

CBSA name

GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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