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    Heated & Cooled Storage Unit

    458 Bay View Lane Phase 1 Biloxi, MS 39530

    458 Bay View Lane Phase 1, Biloxi, MS, 39530
    $139,975
    For Sale
    Claim this Listing
    $139,975

    COMMERCIAL - Biloxi, MS

    Property Size1,000 SF
    Price / SF$139.98
    AddedSep 4, 2024
    Days on Market679
    Last RefreshJul 14 at 7:06 pm

    Property Features for 458 Bay View Lane Phase 1

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    APN
    9999
    Size
    1,000 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    1 of 63 units Bayside Luxury Condos
    Tax Annual Amount
    1

    Building Details

    Year built
    2024

    Listing agent Thomas L Reynolds License #S52647

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

    Listing date Sep 4, 2024

    MLS# 4090430

    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.

    This offering is for ownership of a 1,000-square-foot storage space, described as suitable for storing a boat, motorhome, or business inventory. The unit is indicated to be heated and cooled.

    The property is gated and secured, supporting controlled access for stored items and for customers who want a dedicated place to store gear or inventory. The address is 458 Bay View Lane Phase 1, Biloxi, MS 39530.

    The seller’s remarks indicate the unit can support either business storage or personal use, with reserve-ready availability based on the buyer’s selection.

    Key Highlights

    • 1000 sq ft of storage space, ideal for a boat, motorhome, or business inventory.
    • Opportunity to own rather than rent storage space.
    • Can be heated and cooled for your convenience.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $8.6k $8.64
    − Vacancy −$674 −$0.67
    EGI $8.0k $7.97
    − OpEx −$1.2k −$1.19
    NOI $6.8k $6.77
    1,000 SF · lease $8.64/SF/yr · vacancy 7.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $96.7K
    $84.6K – $112.9K (±1% cap)
    NOI $6,771 @ 7.0% cap · market cap 4.84%
    Second Best
    Self Storage
    $95.9K
    $83.9K – $111.9K (±1% cap)
    NOI $6,712 @ 7.0% cap · market cap 4.80%
    Theoretical Best
    Healthcare Medical
    $161.1K
    $141.0K – $188.0K (±1% cap)
    NOI $11,277 @ 7.0% cap · market cap 8.06%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Auto Repair Shop (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Pet Grooming Service Big Box & Wholesale Store Garden Center Wine and Liquor Store Clothing & Fashion Store Bar & Pub

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

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    FAQs

    What type of property is this?
    Self storage facility - Own a heated and cooled storage unit with gated, secure access for boats, motorhomes, or inventory.
    Where is this self storage facility located?
    The property is located at 458 Bay View Lane Phase 1 Biloxi, MS.
    What is the asking price?
    The asking price for this property is $139,975.
    What are key features of this property?
    This property features: 1000 sq ft of storage space, ideal for a boat, motorhome, or business inventory.; Opportunity to own rather than rent storage space.; Can be heated and cooled for your convenience.
    Contact an agent
    (228) 617-3048
    We can help!
    Contact an agent
    Thomas L Reynolds
    Real Estate License ID: S52647
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