Fully Leased Investment
For Sale
$1,400,000
12450 Shortcut Rd, Biloxi, MS 39532
Commercial investment opportunity in North Biloxi with established tenants.
Property Size14,500 SF
Price / SF$96.55
Days on Market486
Property Features for 12450 Shortcut Rd
General Information
Standard status
Active
Size
14,500 SF
Property subtype
Office
Zoning
RB
Listing Agency:
Crescent Sotheby's International Realty
Listed By:
Kyle Tallo
(985) 345-6802
Source:
Lacdb.resimplifi
Added: Jun 9, 2025
Changed: Sep 25
Last Checked: Oct 5 at 3:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crescent Sotheby's International Realty
Investment Insights
Based on property information with market context.
Located on Shortcut Road in North Biloxi, MS, this commercial property presents a fully-leased investment opportunity. The property is currently 100% occupied with established tenants under multi-year leases, providing stable income and a 9% cap rate. Situated on a high-traffic corridor, the property benefits from excellent visibility and accessibility. The surrounding area features growing residential and commercial development and is located minutes from I-10. The property offers excellent road frontage and convenient access to I-10 and major commercial routes. This property is suitable for passive investors seeking cash flow.
Key Highlights
- Fully leased property providing immediate, stable income.
- Attractive 9% cap rate, indicating a strong return on investment.
- Excellent visibility and road frontage on Shortcut Road.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,571
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,311,420
$2.3M
Cap Rate 7%
$1,651,014
$1.7M
Cap Rate 9%
$1,284,122
$1.3M
Market Conditions
NOI Build-Up for 14,500 SF
Gross rent
$187.9K $12.96/SF
− Vacancy
−$33.8K −$2.33/SF
EGI
$154.1K $10.63/SF
− OpEx
−$38.5K −$2.66/SF
NOI
$115.6K $7.97/SF
Area
Harrison County, MS
Vacancy
18.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,311,420
Cap Rate 7%
$1,651,014
Cap Rate 9%
$1,284,122
Alternative Uses
Best Use
Office B
$1.65M
$1.44M – $1.93M
NOI $115,571 @ 7.0% cap · market cap 8.26%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.34M
$2.04M – $2.73M
NOI $163,517 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
161
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Commercial investment opportunity in North Biloxi with established tenants.
Where is this office units located?
The property is located at 12450 Shortcut Rd Biloxi, MS.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Fully leased property providing immediate, stable income.; Attractive 9% cap rate, indicating a strong return on investment.; Excellent visibility and road frontage on Shortcut Road.
