11516 Lamey Bridge RdD'Iberville, MS 39540
- Retail properties
- 26,869 SF
Property Details for 11516 Lamey Bridge Rd
- Year built
- 2007
- Lot size
- 3.70 AC
- Property size (Sq ft)
- 26,869 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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