Biloxi is a dynamic and business-friendly coastal city with a long history of attracting investment and tourism. Historically, prime land along Beach Blvd and other coastal corridors commanded strong prices, particularly before Hurricane Katrina, when beachfront parcels were highly sought after. Following Katrina, land values adjusted as the market rebuilt, creating more accessible opportunities for strategic buyers while maintaining long-term growth potential. The city’s supportive business climate — including favorable taxes, pro-development policies, and strong promotion of tourism — makes it attractive for a range of investors, developers, and operators. Adjacent businesses and strategic buyers are often the most motivated purchasers for properties like the subject parcel, due to synergies and operational advantages. While Biloxi’s waterfront parcels remain scarce, the market is characterized by careful evaluation of frontage, usable acreage, and entitlements. This BOV provides a current assessment of value based on recent transactions, market trends, and the unique attributes of the 10.1-acre parcel at 1762 Beach Blvd.