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300 Ladnier Street
Pass Christian, MS 39571
Asking Price
$565K
Asset Type
Land
Class
Class B
What's Special
Unique 3.2 Acre commercial land zoned T-4 Mixed Use in the heart of Pass Christian, MS. <p>Unique 3.2 Acre commercial land zoned T-4 (mixed use)in the heart of Pass Christian, MS. Ideal for a linear or phased income development corridor development on the Mississippi Gulf Coast. Possibilities include buyer developing the first 200-300 feet, generate income and expand down the strip over time.</p>
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NOI
$80,000
Cap Rate
14.16%
DSCR
2.38
Strong
Cash-on-Cash
27.41%
Monthly Payment
$2,795.312
Annual Cash Flow
$46,456.259
