12450 Shortcut Road, Biloxi, MS 39532
- Added:
- Jun 9, 2025
- Days on Market:
- 381
- Last Refresh:
- Jun 24 at 12:06 am
Property Features for 12450 Shortcut Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 4
- Standard status
- Active
- APN
- 1108a-03-010.001
- Size
- 14,500 SF
- Lot size
- 1.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 1.3 AC(C) COM AT NW COR OF NE 1/4 OF NE 1/4 OF SEC 3 ON W MAR OF JIM BYRD RD S ALONG RD 637.5 FT TO SLY MAR OF WOOLMARKET RD WLY ALONG RD 280.1 FT S 10 DG E 214.3 FT TO POB S 65 DG W 68.9 FT S 24 DG W 9.5 FT S 62 DG W 162.3 FT TO ELY MAR OF CUTOFF RD A/K/A SHORT CUT RD SELY ALONG RD 421 FT N 10 DG W 562.7 FT TO POB PART OF W 1/2 OF NE 1/4 OF SEC 3-7-10
- Tax Annual Amount
- 9081
Building Details
- Year built
- 1997
- Floors in Building
- 2
Listing agent Holly J Gibbs License #B22047 (228) 697-3714
Listing office Crescent Sotheby's International 8933 Lorraine Rd Holly Gibbs, Gulfport, MS (985) 345-6802
Listing date Jun 9, 2025
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
- Fully leased commercial investment property on Shortcut Road in North Biloxi, MS
- 100% occupancy with established tenants under multi‑year leases
- 9% cap rate reported in listing remarks
- Convenient access to I‑10 and major commercial routes
- Road frontage on Shortcut Road with high‑traffic visibility and accessibility
- Built in 1997
Overview
The building is located on Shortcut Road in North Biloxi, Harrison County, and is marketed as being on a high-traffic corridor with excellent visibility and accessibility. The property highlights convenient access to I-10 and major commercial routes, with surrounding residential and commercial development referenced as part of the area’s continued growth.
For investors seeking a turn-key, passive structure, this asset is positioned as an income-oriented opportunity supported by full occupancy and multi-year lease agreements. The combination of road frontage and visibility on Shortcut Road, along with nearby interstate access, is intended to support consistent marketability for the existing office tenant base. This is a sale offering for buyers looking to add a stable, leased office property to an investment portfolio.
Local Financial Insights For Office B
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 | $187.9k | $12.96 |
| − Vacancy | −$33.8k | −$2.33 |
| EGI | $154.1k | $10.63 |
| − OpEx | −$38.5k | −$2.66 |
| NOI | $115.6k | $7.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Biloxi
- County
- Harrison
- State
- Mississippi
- Longitude
- -88.972929
- Latitude
- 30.468554
