416 E Pass Road Gulfport, MS 39507
COMMERCIAL - Gulfport, MS
- Added:
- Jun 24, 2026
- Days on Market:
- 20
- Last Refresh:
- Jul 13 at 7:06 am
Property Features for 416 E Pass Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- 0910i-01-086.000
- Size
- 3,300 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BEG 357 FT E OF N MAR OF PASS RD & E MAR OF COURTHOUSE RD & RUN NWLY 230.7 FT NELY 60 FT SELY 230.7 FT SWLY 60 FT TO POB LESS PART TO CITY OF GPT SEC 36-7-11
- Tax Annual Amount
- 4656
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
Listing agent Kathy Elias License #B14504 (228) 209-4905
Listing office Coldwell Banker Alfonso Realty-Lorraine Rd 9153 Lorraine Rd, Gulfport, MS (228) 287-1000
Listing date Jun 24, 2026
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.
The property includes parking in the rear with more than 11 spaces. A sloping, handicapped-accessible sidewalk connects the parking lot to the main office building. There is also a single side-entrance garage located at the back of the building.
Historically used for professional services, the building has previously supported uses such as a dentist office, urgent care medical building, and real estate office. Current improvements and layout make it suitable for a range of business and office applications that align with the B-1 zoning designation.
Key Highlights
- Office building built in 1986 with B‑1 zoning for business use.
- Flexible layout: can be divided into two offices with two separate reception areas (or configured as one larger office).
- Includes reception and waiting area, 2.5 baths, office space, and exam rooms that could be converted to additional office space.
Local Financial Insights For Healthcare Medical
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 | $69.3k | $21.00 |
| − Vacancy | −$7.3k | −$2.21 |
| EGI | $62.0k | $18.80 |
| − OpEx | −$24.8k | −$7.52 |
| NOI | $37.2k | $11.28 |
Alternative Uses
Property Analytics
Current Use by Public Records
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