Single-Story Office
For Sale
Contact for pricing
2729 Pass Road, Biloxi, MS 39531
Stucco construction, dual entrances, and utilities in place support a straightforward office configuration.
Property Size1,600 SF
Price / SF$1.06
Days on Market99
Property Features for 2729 Pass Road
General Information
Standard status
Active
Size
1,600 SF
Site & Location
Road Access
Yes
Utilities to Site
Yes
Amenities
window & street signage opportunities
Building Details
Buildings
1
Stories
1
Building Size
1,600 SF
Construction
stucco
Listing Agency:
Molyneaux Group, LLC
(228) 246-9757
Listed By:
Sarah J Harstvedt
(228) 273-1660
Source:
Insightgroupms
Added: Jul 10
Changed: Sep 14
Last Checked: Oct 14 at 10:19PM
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 Molyneaux Group, LLC
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Investment Insights
Based on property information with market context.
This single-story office building provides approximately 1,600 square feet in a stucco-clad structure with two entrances. Blue awnings distinguish the entry points, while window and street signage opportunities add visible identification along the property frontage. Utilities are already in place, and shared parking serves the building from both the front and rear of the site.
The property fronts Pass Road for approximately 90 feet and is located less than 4 miles from Gulfport-Biloxi International Airport. Its existing office improvements, access, parking arrangement, and established utility service create a functional setting for professional occupancy.
The property fronts Pass Road for approximately 90 feet and is located less than 4 miles from Gulfport-Biloxi International Airport. Its existing office improvements, access, parking arrangement, and established utility service create a functional setting for professional occupancy.
Key Highlights
- Approximately 1,600 square feet in a single‑story stucco office building
- 90 feet of frontage along Pass Road
- Shared on‑site parking at the front and rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,753
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,060
$255.1K
Cap Rate 7%
$182,186
$182.2K
Cap Rate 9%
$141,700
$141.7K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$20.7K $12.96/SF
− Vacancy
−$3.7K −$2.33/SF
EGI
$17.0K $10.63/SF
− OpEx
−$4.3K −$2.66/SF
NOI
$12.8K $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%
$255,060
Cap Rate 7%
$182,186
Cap Rate 9%
$141,700
Alternative Uses
Best Use
Office B
$182.2K
$159.4K – $212.6K
NOI $12,753 @ 7.0% cap · market cap 750.18%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$257.8K
$225.5K – $300.7K
NOI $18,043 @ 7.0% cap · market cap 1,061.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
Explore this area
Business Placement
Demographics for 39531, MS
19,965
Population
9,660
Households
2.1
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
6.6 sq mi
ZIP Area
3,025
Density / Sq Mi
$54,599
Median Household Income
$37,293
Median Earnings
$1,066
Median Rent
$193,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Stucco construction, dual entrances, and utilities in place support a straightforward office configuration.
Where is this office units located?
The property is located at 2729 Pass Road Biloxi, MS.
What are key features of this property?
This property features: Approximately 1,600 square feet in a single‑story stucco office building; 90 feet of frontage along Pass Road; Shared on‑site parking at the front and rear
