11516 Lamey Bridge RdD'Iberville, MS 39540

  • Retail properties
  • 26,869 SF
For Lease
$18/SF/YR View listing

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
11516 Lamey Bridge Rd, D'Iberville, Mississippi

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,958
-
-
$306,219
-
$821,977
$1,219,481
$2,041,458

FAQs

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