197 Tegarden Road Gulfport, MS 39507
COMMERCIAL - Gulfport, MS
- Added:
- Feb 13, 2025
- Days on Market:
- 513
- Last Refresh:
- Jul 10 at 11:06 pm
Property Features for 197 Tegarden Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0911a-02-001.001
- Size
- 10,247 SF
- Lot size
- 1.32 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- BEG 110.9 FT S OF INTER OF CENTER- LINE OF RAILROAD & W MAR OF TEA- GARDEN RD S ALONG TEAGARDEN RD 193.6 FT S 78 DGS W 312.3 FT TO E LINE OF HILL & DOLAN SUBD N ALONG SUBD 166.9 FT TO S MAR OF RAILROAD ST NELY ALONG RD 321.3 FT TO POB PART OF NE1/4 OF NE1/4 OF SEC 1-8-11
- Tax Annual Amount
- 10768
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1995
- Floors in Building
- 1
Listing agent Kim R Bush License #S42877 (228) 233-6336
Listing office Coldwell Banker Alfonso Realty-OS-B/O 2003 Bienville Blvd., Gulfport, MS (228) 875-1272
Listing date Feb 13, 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.
Investment Insights
Based on property information with market context.
Located at 197 Tegarden Road in Gulfport, it is described as about one block off the beach near Teagarden Road and U.S. Highway 90, placing it in the Biloxi-Gulfport market area. The property is offered for sale as a combination of operations and real estate, suited for an owner/operator or a buyer looking to acquire the operating components along with the facility.
Key Highlights
- 1995‑built multifaceted hospitality property with a bar, restaurant, and pool hall
- Includes the business, the building, and all equipment with the sale
- Just one block off the beach on Teagarden Rd and Hwy 90
Local Financial Insights For Specialty Retail
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 | $163.5k | $15.96 |
| − Vacancy | −$11.1k | −$1.09 |
| EGI | $152.4k | $14.87 |
| − OpEx | −$38.1k | −$3.72 |
| NOI | $114.3k | $11.16 |
Alternative Uses
Property Analytics
Current Use by Public Records
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