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🏢 Just listed — Commercial Land for sale in Biloxi, MS.

📍 Mallett Road, Biloxi, MS
🏷  Commercial Land · For Sale
💰 $13.37M

Land | 61.4 acres

Full financials, photos, and broker contact:
https://commrty.com/property/mississippi/biloxi/614-ac-between-the-promenade-and-ocean-springs-exit-50-2534810-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=614-ac-between-the-promenade-and-ocean-springs-exit-50-2534810

#Biloxi #Land #CommercialRealEstate #CRE #Investment

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Home/MS/Biloxi

Mallett Road

Biloxi, MS 39532

Asking Price

$13.37M

Asset Type

Commercial Land

Class

Class B

What's Special

Land | 61.4 acres

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

0.60%

DSCR

0.10

Underwater

Cash-on-Cash

-17.80%

Monthly Payment

$66,161.912

Annual Cash Flow

$-713,942.94

Location & Travel Times

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