Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Biloxi Commercial Unit For Lease Title is generated by Realmo AI

    458 Back Bay Boulevard lot 8, Biloxi, MS 39532

    View on Map
    Claim this Listing
    Picture of Self storage facilities at 458 Back Bay Boulevard lot 8, Biloxi, MS
    For Lease
    $1,100/Mo $13 SF/Yr (calc)

    COMMERCIAL - Biloxi, MS

    Type:Office
    Property size:
    1,000 SF
    Added:
    Jul 15, 2025
    Days on Market:
    308
    Last Refresh:
    May 18 at 10:06 pm

    Property Features for 458 Back Bay Boulevard lot 8

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Property condition
    Under Construction
    Standard status
    Active
    APN
    999
    Size
    1,000 SF

    Taxes and HOA fees

    Tax Year
    2027
    Tax Description
    Bayside Luxury Garage Condominiums
    Tax Annual Amount
    800

    Building Details

    Year built
    2025

    We can help!

    Listing Contact
    Lynn Y Wade

    Listing agent Lynn Y Wade License #B18060

    Listing office Weichert Rltrs-Gulf Properties 2668 Bienville Blvd, Ocean Springs, MS

    Listing date Jul 15, 2025

    MLS# 4119387

    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.

    HighLights

    • Waterfront Zoned Property: Offers endless possibilities.
    • You Own It: Build equity and avoid renting.
    • Large Space: 1,000 sq ft unit with potential to combine for 2,000 sq ft.
    • Versatile Usage: Ideal for boat/RV/toy parking, inventory storage, workout space, or hangout.
    • New Construction: Built in 2025.
    • Gated Community: Provides added security.

    Overview

    Unit 8 is available for lease. This commercial property is zoned Waterfront, offering various possibilities such as parking for boats, recreational vehicles, and other vehicles, as well as storage for inventory. The property can also be used as a personal space. The development will consist of 63 units in a gated community. Purchasing two units allows for a combined space of 2,000 square feet without dividing walls.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.87566
    Latitude
    30.405788

    Nearby Similar for Lease

    • $6,000/Mo
      6,540 SF

      Prime Commercial Space on Pass Road

      Highly visible commercial space for lease in Biloxi, Mississippi.
      1731 Pass Road, Biloxi, MS 39531
      View Details
    • $1,300/Mo
      1,000 SF

      Prime Retail/Office Space Available

      1,000 SF retail/office space in high-traffic Biloxi location.
      2643 Executive Place, Biloxi, MS 39531
      View Details
    • $5,200/Mo
      1,200 SF

      Turn-Key Coffee Shop For Rent

      Fully furnished coffee shop with high visibility and traffic.
      14100 Cook Road, Biloxi, MS 39532
      View Details
    • $1,500/Mo
      1,350 SF

      Biloxi Office Space For Rent

      Functional office building in a sought-after business district.
      759 Mcelroy Street, Biloxi, MS 39530
      View Details
    • $15 SF/Yr
      4,400 SF

      Versatile Commercial Property on Pass Road

      Commercial property in Biloxi with flexible space and ample parking.
      2030 Pass Road lot: B And C, Biloxi, MS 39531
      View Details
    • $1,635/Mo
      1,067 SF

      New Office/Warehouse Suites in Biloxi

      Modern, efficient office/warehouse suites with convenient interstate access.
      14313 Cullen Street, Biloxi, MS 39532
      View Details
    • $4,800/Mo

      Prime Corner Lot with Drive-Thru

      High-traffic corner lot with drive-thru in Biloxi, Mississippi.
      10439 D'iberville Boulevard, Biloxi, MS 39530
      View Details
    • $2,853/Mo
      26,952 SF

      Biloxi Office Space Available

      Well-located office complex with immediate occupancy.
      925 Tommy Munro Drive lot: H, Biloxi, MS 39532
      View Details
    • $2,500/Mo
      1,360 SF

      Downtown Biloxi Office Space

      Prime location near Courthouse with well-appointed office space.
      175 Main Street lot: Suite B, Biloxi, MS 39530
      View Details
    • $20 SF/Yr
      5,100 SF

      New Office Building on Popps Ferry

      New office building near Popps Ferry and Cedar Lake Road.
      1635 Popps Ferry Road, Biloxi, MS
      View Details
    • $1,600/Mo
      1,350 SF

      Office Space in Oak Park

      Office space available for rent in Biloxi, Mississippi.
      2541 Pass Rd, Biloxi, MS
      View Details
    • $2,500/Mo
      800 SF

      Furnished Two Bedroom Unit

      Spacious, furnished 2-bedroom unit near the beach with pool.
      133 Hopkins Boulevard, Unit A, Biloxi, MS 39530
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Commercial unit available for lease in Biloxi, MS.
    Where is this self storage facility located?
    The property is located at 458 Back Bay Boulevard lot 8 Biloxi, MS.
    What is the lease rate?
    The lease rate is $1,100 /Mo.
    What are key features of this property?
    This property features: Waterfront Zoned Property: Offers endless possibilities.; You Own It: Build equity and avoid renting.; Large Space: 1,000 sq ft unit with potential to combine for 2,000 sq ft.
    (228) 297-9911
    We can help!
    Listing Contact
    Lynn Y Wade
    Real Estate License ID: B18060
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    458 Back Bay Boulevard lot: 8, Biloxi, MS 39532
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!