11594 N Cedar Lake Road, Biloxi, MS 39532 (MLS# 4074213)

11594 N Cedar Lake Road, Biloxi, MS 39532

$1,495,000

Property Type: Land Lot Size (sq. ft.): 60,984 Status: Active

Current Price: $1,495,000 List Date: 3/21/2024 Last Modified: 5/21/2024

Description

This exceptional property nestled along the Tchoutabouffa Bluff River boasts immense potential for various developments, including apartments, assisted living facilities, condo complexes, and multi-use projects. With a generous 80-foot ceiling height and the capacity for up to 45 units, complemented by deep water slips, this parcel presents an unparalleled opportunity. Its prime location offers convenient access to major thoroughfares such as I-10, I-110, and Biloxi, further enhancing its appeal for prospective investors and developers.

More Information MLS# 4074213

Address and Location Information

Street Number Assigned?: Yes Street Number: 11594 Street Direction: N Street Name: Cedar Lake Street Suffix: Road County: Harrison State: MS Zip Code: 39532 Parcel Number: 1208i-01-003.000 Subdivision: Cedar Lake N or S of I-10: N N or S of CSX Railroad Track: N

Listing Information

Status: Active List Date: 2024-03-21 List Price: $1,495,000 Current Price: $1,495,000 Property Sub Type: Unimproved Commercial Lot for Sale Listing Service: Full Service

Co-Op and Commission Information

Buyer Agency Compensation: 2 Buyer Agency Comp Type: %

General Property Information

Approx Lot Size Acres: 1.4 Lot Size Dimensions: 325x207x207x221 Expandable Area: No List Price/Acre: 1067857.14 Divisible: Yes School District: Biloxi Public Dist

Tax and Financial Information

Tax Annual Amount: 3515 Tax Year: 2023 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: Subject to Survey Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: 1.4 AC(C) COM AT INTER OF ELY MAR OF CEDAR LAKE RD & S LINE OF SEC 1 NLY ALONG CEDAR LAKE RD 29.2 FT N 85 DG E 62 FT M/L TO BANKS OF RIVER SELY ALONG RIVER BANKS 212 FT M/L SLY 205 FT W 200 FT TO CEDAR LAKE RD NLY ALONG RD 325 FT M/L TO POB BEING PAR T OF S 1/2 OF SE 1/4 OF SEC 1 & PART OF N 1/2 OF NE 1/4 OF SEC 12-7-10

Remarks & Miscellaneous

Public Remarks: This exceptional property nestled along the Tchoutabouffa Bluff River boasts immense potential for various developments, including apartments, assisted living facilities, condo complexes, and multi-use projects. With a generous 80-foot ceiling height and the capacity for up to 45 units, complemented by deep water slips, this parcel presents an unparalleled opportunity. Its prime location offers convenient access to major thoroughfares such as I-10, I-110, and Biloxi, further enhancing its appeal for prospective investors and developers.

Land Details

Mobile Homes Allowed: No Road Frontage: 325 Water Frontage: 271

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Appointment Required

Property Features

Current Use: Mixed Use; Multi-Family; None Possible Use: Development; Vacant Location: Other Lot Features: Cleared Covenants And Restrictions: None Utilities: Cable Available; Sewer Available; Water Available Sewer: None Water Source: Public Listing Terms: Other Sale Options: None Exterior Features: Other Fencing: Other Waterfront Features: Bulkhead; River Access; River Front Additional Transportation: Interstate 1 Mile or Less

Listing Office: Latitude Realty, LLC

Listing Agent: Marques Thomas

Last Updated: May - 21 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.