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Seaman RD
Ocean Springs, MS 39564
Asking Price
$480K
Asset Type
Residential Land
Class
Class B
What's Special
<p><strong>Development land in a high traffic, high growth area! </strong></p><p><strong>Developers take note: this 10-acre parcel of land is ideally located just north of I-10, offering convenient access to the D'Iberville connector road and I-10.</strong></p><p>Buyer to verify all information. Land is zoned A-2 Agricultural – Residential District (Large Lot Development). This district is intended to provide an area for residential development with restricted agricultural endeavors. This zonin
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NOI
$80,000
Cap Rate
16.67%
DSCR
2.81
Strong
Cash-on-Cash
35.77%
Monthly Payment
$2,374.778
Annual Cash Flow
$51,502.663
