Manufacturing Property with Shop
For Sale
$250,000
12416 John Lee Road, Biloxi, MS 39532
Commercial Sale, Biloxi, MS
Property Size1,408 SF
Lot Size0.86 Acres
Price / SF$177.56
Days on Market8
Property Features for 12416 John Lee Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Neighborhood Business
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Exterior features
Dock
Subdivision
Metes And Bounds
Lot features
Partially Wooded, Rolling Slope, Partially Wooded, Rolling Slope
Directions
From 1-10 exit 38 go north on Hwy 650 to Lorraine Road take right on Lorraine cross Biloxi River bridge pass Woolmarket Baptist Church take left on John Lee Road, property is on right.
Standard status
Active
APN
1108d-01-005.001
Size
1,408 SF
Lot size
0.86 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG 25 FT E OF SW COR OF NE 1/4 OF NW 1/4 SEC 4 N 150.4 FT N 70 DG 34 MN E 271.6 FT S 150.4 FT S 70 DG 34 MN W 271.6 FT TO BEG 0.9 ACS M/L SEC 4-7-10
Tax Annual Amount
782
Legal Description
BEG 25 FT E OF SW COR OF NE 1/4 OF NW 1/4 SEC 4 N 150.4 FT N 70 DG 34 MN E 271.6 FT S 150.4 FT S 70 DG 34 MN W 271.6 FT TO BEG 0.9 ACS M/L SEC 4-7-10
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Propane (Heating)
Cooling system
Exhaust Fan (Cooling)
Water source
Well
Amenities
outside storage building
container storage units
Building Details
Year built
1982
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Coldwell Banker Alfonso Realty-Lorraine Rd · Coldwell Banker Real Estate
(228) 287-1000
Listed By:
Martin G Jones · License #B14972
(228) 341-2022
Added: Sep 30
Changed: Oct 5
Last Checked: Oct 7 at 6:06AM
MLS# 4164079
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 1,408-square-foot building dates to 1982 and is used for welding. The sale includes the shop equipment, two container storage units, and a separate outdoor storage building. A dock, concrete flooring, and metal roofing are among the physical features. Propane provides heat, and an exhaust fan is listed for cooling.
The property occupies 0.86 acres at 12416 John Lee Road in Biloxi’s Woolmarket area. Neighborhood Business zoning is identified for the site; potential uses mentioned include a contractor office, auto repair, and retail, subject to checking current zoning requirements. Water is supplied by a well, the property uses a septic tank, and cable service is available.
The property occupies 0.86 acres at 12416 John Lee Road in Biloxi’s Woolmarket area. Neighborhood Business zoning is identified for the site; potential uses mentioned include a contractor office, auto repair, and retail, subject to checking current zoning requirements. Water is supplied by a well, the property uses a septic tank, and cable service is available.
Key Highlights
- 1,408‑square‑foot building on 0.86 acres
- Welding operation with shop equipment included
- Two container storage units and a separate outdoor storage building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,034
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,680
$140.7K
Cap Rate 7%
$100,486
$100.5K
Cap Rate 9%
$78,156
$78.2K
Market Conditions
NOI Build-Up for 1,408 SF
Gross rent
$11.0K $7.80/SF
− Vacancy
−$934 −$0.66/SF
EGI
$10.0K $7.14/SF
− OpEx
−$3.0K −$2.14/SF
NOI
$7.0K $5.00/SF
Area
Harrison County, MS
Vacancy
8.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,680
Cap Rate 7%
$100,486
Cap Rate 9%
$78,156
Alternative Uses
Best Use
Industrial
$100.5K
$87.9K – $117.2K
NOI $7,034 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$226.8K
$198.5K – $264.6K
NOI $15,878 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 39532, MS
34,348
Population
15,466
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
86%
High-School Grad
82.2 sq mi
ZIP Area
418
Density / Sq Mi
$65,892
Median Household Income
$40,751
Median Earnings
$1,098
Median Rent
$227,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - The site combines an operating shop, accessory storage buildings, and equipment with a compact commercial footprint.
Where is this manufacturing property located?
The property is located at 12416 John Lee Road Biloxi, MS.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,408‑square‑foot building on 0.86 acres; Welding operation with shop equipment included; Two container storage units and a separate outdoor storage building
