Property profile

1178 Judge Sekul Ave Biloxi, MS 39530

OFF-MARKET
Retail residential properties
Property ID
US50-0037680
2,838 SF 0.23 ac lot Built 1958
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3,400 square foot retail building is strategically located just outside the east gate of Keesler Air Force Base in Biloxi, Mississippi, within a Neighborhood Business zoning district. The property sits on a 0.23-acre lot and offers significant parking advantages. The building is currently configured to accommodate three separate lease spaces, with one space already occupied by a tenant. This presents a fantastic opportunity for an investor seeking immediate income generation and future growth potential. The sale includes commercial-grade kitchen appliances and prep equipment, making it ideal for a variety of food-related businesses or any enterprise requiring such facilities. The property boasts ample paved and striped parking directly in front of the building, providing convenient access for customers and employees. In addition to the front parking, there is an estimated 5,000 square feet of additional parking located at the rear of the building, ensuring sufficient space for all occupants and visitors. The asking price for this turnkey retail property is $357,000. This is a rare opportunity to acquire a well-located, income-producing commercial property in a high-demand area. Don't miss out on this chance to secure a valuable asset in a thriving Mississippi market.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1958
Total area 2,838 SF
Lot 0.23 ac (10,200 SF)
APN 1310H-04-040.000
UPID US50-0037680

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop Supermarket
  • Restaurant
  • Restaurant

Location

1178 Judge Sekul Ave Biloxi, MS 39530-2802
Biloxi metro Census 3902 GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1178 Judge Sekul Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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