I-10 & Ms-57

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I-10 & Ms-57

Ocean Springs, MS 39564
Asking Price
$2.60M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning 43.7 acres for sale
  • Strategically positioned at the I-10 and MS-57 intersection
  • Asking price for the total acreage is $2,599,000
  • Suitable for various large-scale retail or industrial developments
  • Located in the growing Mississippi Gulf Coast market area

What's Special

This 43.7-acre commercial land parcel at I-10 and MS-57 is currently available for purchase, presenting a strategic acquisition for investors or developers seeking to capitalize on a high-visibility location. Ocean Springs serves as a significant hub within the Mississippi Gulf Coast region, characterized by consistent economic activity and accessible transportation corridors. The property provides substantial acreage, making it suitable for large-scale retail, hospitality, or industrial distribution developments that require immediate highway connectivity. Positioned near the intersection of major thoroughfares, the site benefits from the regional growth trends impacting this part of the metro area. Developers can leverage the substantial footprint to design multi-use or single-tenant projects tailored to local market demand. With direct exposure to transit routes, the parcel offers functional utility for businesses requiring efficient logistics or significant customer traffic.

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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,858.434
Annual Cash Flow
$-74,301.207

Location & Travel Times