3 months on rocket

1160 Iola Rd, Ocean Springs, MS, 39564

$85,000

0.47 Acres
Land
Schools Nearby

Location

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Property Highlights

WaterfrontBayou
MLS #4068997
Lot Size0.47 Acres
StatusActive

About 1160 Iola Rd

Prime opportunity to own one of very few waterfront commercial lots in the downtown area of Ocean Springs! Located in the golf cart district facing HWY 90 less than half a mile from the public beach, just east of Lovers Lane. The lot Zoned Commercial Highway which allows for a very wide array of commercial uses and structures. At just under half an acre (0.47) with roughly 65 feet of waterfront on a corner lot in the highly desirable downtown area this lot is one of the last of its kind in Ocean Springs. Permitted uses for CH zoning include but not limited to Regional shopping centers, hotels, short term rentals, retail, restaurants, bars, convenience stores, professional services, storage, durable goods sales, colleges and universities, and facilities for public administration, public safety, transportation and much more; CH zoning is the most extensive commercial zone and allows for structures 6 stories or 75 feet high, according to Ocean springs Municipal code. These options make this lot a dream lot for developers, entrepreneurs, investors, colleges, and even home owners. While much of the land is considered a freshwater emergent wetlands, the Geological engineer who conducted previous diliniation on the property stated that acquiring a permit through the Corps of Engineers to build on the lot would likely not be an issue. Agent cannot verify though so Buyers encouraged to conduct their own due diligence to verify prior to closing. The lot is located a few hundred feet to the west of Bacchus on the bayou and Eat drink love, facing the same service road as you head towards Lovers Lane. Don't miss out on rare opportunity!

Property Details

Property Features

Listing Office:

  • Office Name: Real Broker, Llc.
  • Office Phone: (228) 471-5211
  • Listing Agent: Brad Jay

Exterior Features

Exterior Information:

  • Waterfront: Bayou

Lot Features

Lot Information:

  • Lot: Corner Lot, Views, Wetlands, Wooded
  • Lot Size: 0.47 Acres

School Info

Assigned Schools Information:

  • Ocean Springs High School, Public District Grades 9-12
  • Ocean Springs Middle S, Public District Grades 7-8
  • Oak Park Elementary School, Public District Grades PK-3

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
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Housing Market Comparison

See how this home compares to others in Ocean Springs, MS.

Med. List Price

$287.3K

Med. Price/SqFt

$152

Avg. Days On Market

141

# of Sold Homes

62

1160 Iola Rd vs Ocean Springs

99 DAYS ON ROCKET

-42 Days

$85,000

-$202.3K Less

KEY TAKEAWAY

This property is $202.3K less than the Median List Price in Ocean Springs, MS.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4068997

Listing Office:

  • Office Name: Real Broker, Llc.
  • Office Phone: (228) 471-5211
  • Listing Agent: Brad Jay

Information is deemed to be reliable but not guaranteed. Copyright 2024, MLS United, LLC.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 1:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5953077
9
/10
  • Oak Park Elementary School

  • 2230 Government St

  • 1.51 miles

  • Public District Grades PK-3

Middle School

school-card-donut-5953078
8
/10
  • Ocean Springs Middle S

  • 3600 Hanshaw Rd

  • 4.97 miles

  • Public District Grades 7-8

High School

school-card-donut-5953079
8
/10
  • Ocean Springs High School

  • 6701 Old Spanish Trl

  • 7.00 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $125,450. Most Ocean Springs, MS residents have annual incomes $200k+. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1160 Iola Rd

What is the listing price of this property?

The listing price of 1160 Iola Rd property is $85,000.

What type of property is this?

The property 1160 Iola Rd is land located in Ocean Springs, Mississippi, 39564.

Is this property for sale now?

Active Listing: 1160 Iola Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1160 Iola Rd are:
Oak Park Elementary School: GreatSchools Rating 9/10
Ocean Springs Middle S: GreatSchools Rating 8/10
Ocean Springs High School: GreatSchools Rating 8/10

How much acreage is this property?

The property 1160 Iola Rd is 0.47 acres.
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Rocket HomesMississippiJackson CountyOcean Springs395641160 Iola Rd

This home is located at 1160 Iola Rd in Ocean Springs, MS and zip code 39564. This home sits on a 0.47 acre lot. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $85,000.

In April 2024 in Ocean Springs, MS there were 9.8% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $287,328, while the average time on the real estate market was 141 days.

From Rocket Homes Real Estate and based on county public records data.

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