Prime Redevelopment Opportunity in Ocean Springs
Prime Redevelopment Opportunity:
Marketing description
Prime Redevelopment Opportunity: 1115 & 1117 Vermont Avenue, Ocean Springs
Discover this exceptional 0.530-acre property, recently rezoned to CMX-1 (Neighborhood Commercial), offering unparalleled flexibility for innovative development in a thriving commercial corridor. Situated just 250 feet north of the bustling intersection of Bienville Boulevard (Highway 90) and Vermont Avenue, this site serves as an ideal transitional space between high-intensity commercial hubs and established residential neighborhoods to the west and north.
Strategic Location & Visibility
High-Traffic Exposure: Fronting Vermont Avenue and directly facing the vibrant Spring Plaza, home to popular tenants including Pizza Hut, Firehouse Subs, Hallmark, Pet sense, Winn-Dixie Liquor, and brand new Aldi Grocery . Additional neighbors include the new Parlor Donuts and Memorial Physician Clinic, ensuring constant foot and vehicle traffic.
Proximity to Key Anchors: Adjacent to Goodyear for automotive services and north of former site of Krispy Kreme (now Parlor Donuts), with easy access to Highway 90's growing commercial landscape. The area has evolved into a dynamic retail and service destination, with recent enhancements like a new medical clinic replacing an outdated gas station, boosting local activity and property values.
Rezoning Advantages
Versatile CMX-1 Zoning: As Ocean Springs' least intense commercial mixed-use district, it supports a range of low-impact uses including single-family dwellings, duplexes, townhomes, apartments, professional services, and neighborhood-scale retail or offices. Maximum building height of two stories ensures compatibility with surrounding areas.
From Decline to Opportunity: Previously zoned R-1 (Single-Family Residential), the site has outgrown its residential viability due to commercial encroachment and lack of buffers. The rezoning addresses this by enabling redevelopment that enhances the neighborhood, replacing aging 1963-era structures with modern, high-quality builds.
No Adverse Impacts: Designed as a buffer between intense CH (Highway Commercial) zones like Spring Plaza and quieter residential streets, this zoning promotes compatibility without the risks of more aggressive commercial districts.
Development Potential
Flexible Sale Options: Available as raw land (0.530 acres) or build-to-suit, tailored to your vision.
Ready-to-Go Concepts: Owner provides detailed drawings, pricing, and plans for a charming 7-unit tiny home community, perfect for affordable housing, short-term rentals (zoning allows by right) or eco-friendly living, capitalizing on the demand for mixed-use infill in this gateway area.
Open to Partnerships: The owner is open to a multitude of partnership opportunities, including joint ventures, custom development agreements, or creative financing to bring your vision to life.
Public Need & Comprehensive Plan Alignment: Consistent with Ocean Springs' goals for in-fill development, mixed residential-commercial integration, and neighborhood vitality. Redevelopment here can introduce upscale offices, mixed-use buildings with upper-floor apartments, or community-oriented retail, all while improving aesthetics and adding value to nearby properties along Carpenter Court and Iberville Drive.
Addressing Area Evolution: With nearby residential structures removed for commercial expansion ,this site stands as the last prime parcel for adaptive reuse south of Iberville Drive—transforming a blighted spot into a community asset amid rising traffic and economic growth.
This rezoned gem represents a rare chance to invest in Ocean Springs' "Gateway West" area, near the Central Business District, where infill projects like this sustain vitality and reduce urban sprawl. Ideal for developers seeking high-visibility, low-intensity opportunities with strong ROI potential. Contact us today to explore detailed plans, pricing for the tiny home neighborhood, or discuss partnership possibilities!
Investment highlights
Prime Location in Thriving Ocean Springs: Situated in the "Gateway West" area, just 250 feet north of Highway 90, this 0.530-acre property benefits from the continued economic and cultural success of Ocean Springs’ vibrant downtown, a hub for tourism, dining, and boutique retail.
Seamless Downtown Connectivity: Located along Vermont Avenue (MLK Blvd), the property offers direct, convenient access to downtown Ocean Springs, less than a mile away, connecting investors to the heart of the city’s festivals, art galleries, and bustling community events.
High-Traffic Exposure via Highway 90: Positioned near the intersection of Bienville Boulevard (Highway 90) and Vermont Avenue, the site enjoys excellent visibility and accessibility, enhanced by the corridor’s recent expansions and high traffic volumes, ideal for commercial or mixed-use development.
Strategic Proximity to Traffic Light: The nearby traffic light at Highway 90 and Vermont Avenue ensures easy ingress and egress, facilitating smooth customer access and boosting the site’s appeal for retail, office, or residential projects.
Rezoned for Flexibility (CMX-1): Recently rezoned to Neighborhood Commercial (CMX-1), the least intense commercial mixed-use district, supporting diverse uses like tiny homes, duplexes, townhomes, apartments, or neighborhood-scale retail, aligning with the area’s transitional character.
Adjacent to Spring Plaza’s Success: Directly facing Spring Plaza, home to thriving tenants like Pizza Hut, Firehouse Subs, Hallmark, Petsense, Winn-Dixie Liquor, and the forthcoming Aldi, plus neighbors like Parlor Donuts and Memorial Physician Clinic, ensuring a steady flow of visitors and economic activity.
Ready-to-Develop Opportunities: Available as raw land or build-to-suit, with owner-provided plans and pricing for a 7-unit tiny home community, perfect for capitalizing on the demand for affordable, eco-friendly housing or short-term rentals near downtown.
Open to Creative Partnerships: The owner welcomes a variety of partnership models, including joint ventures or custom development agreements, offering flexibility to align with investor goals and maximize returns.
Alignment with Comprehensive Plan: Supports Ocean Springs’ vision for infill development, promoting mixed-use projects that enhance neighborhood vitality, integrate with downtown’s growth, and leverage existing infrastructure to reduce costs.
Capitalizing on Area Evolution: With nearby residential structures replaced by commercial uses, this is the last prime parcel south of Iberville Drive, poised to transform a declining area into a high-value asset, complementing the downtown area’s upward trajectory.
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