Automotive Property For
For Sale
Contact for pricing
435-517 E Pass Rd, Gulfport, MS 39507
For-sale automotive property located on E Pass Rd in Gulfport, MS, within Harrison County.
Property Size31,317 SF
Price / SF$67.06
Days on Market182
Property Features for 435-517 E Pass Rd
General Information
Standard status
Active
Size
31,317 SF
Property subtype
Special Purpose
Building Details
Year Built
1987
Buildings
3
Listing Agency:
Weichert Realtors Gulf Properties
Listed By:
Reece Roberts · License #B-10810
(228) 861-2209
Source:
Crexi
Added: Apr 28
Changed: Oct 25
Last Checked: Oct 24 at 3:36PM
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 Weichert Realtors Gulf Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale automotive property is listed for transaction as an automotive and retail commercial asset, with the property type identified as “auto shops” and “automotive properties.” The listing is provided with an address on E Pass Rd in Gulfport, Mississippi.
The property is located at 435-517 E Pass Rd in Gulfport, MS 39507, within Harrison County. Additional details on layout, building improvements, or specific unit configuration were not provided in the available information.
The property is located at 435-517 E Pass Rd in Gulfport, MS 39507, within Harrison County. Additional details on layout, building improvements, or specific unit configuration were not provided in the available information.
Key Highlights
- Automotive property for sale on E Pass Rd in Gulfport, MS (Harrison County).
- Built in 1987.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$156,457
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,129,140
$3.1M
Cap Rate 7%
$2,235,100
$2.2M
Cap Rate 9%
$1,738,411
$1.7M
Market Conditions
NOI Build-Up for 31,317 SF
Gross rent
$244.3K $7.80/SF
− Vacancy
−$20.8K −$0.66/SF
EGI
$223.5K $7.14/SF
− OpEx
−$67.1K −$2.14/SF
NOI
$156.5K $5.00/SF
Area
Harrison County, MS
Vacancy
8.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,129,140
Cap Rate 7%
$2,235,100
Cap Rate 9%
$1,738,411
Alternative Uses
Best Use
Retail
$4.02M
$3.52M – $4.69M
NOI $281,622 @ 7.0% cap · market cap 13.41%
Second Best
Industrial
$2.24M
$1.96M – $2.61M
NOI $156,457 @ 7.0% cap · market cap 7.45%
Theoretical Best
Healthcare Medical
$5.05M
$4.41M – $5.89M
NOI $353,162 @ 7.0% cap · market cap 16.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
766
Businesses Nearby
124k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 31%
Superstores 10%
Apparel 5%
Circle K
Shops & Services
17,187 visits/mo
0.1 miles
McDonald's
Dining
14,879 visits/mo
0.1 miles
Big Lots
Superstores
12,864 visits/mo
0.2 miles
SONIC Drive In
Dining
11,235 visits/mo
0.2 miles
Wendy's
Dining
9,740 visits/mo
0.2 miles
Demographics for 39507, MS
17,724
Population
9,032
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
8.2 sq mi
ZIP Area
2,161
Density / Sq Mi
$49,459
Median Household Income
$37,660
Median Earnings
$1,121
Median Rent
$220,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Power Source South — 360 Tegarden Rd, Gulfport, MS 39507
- Hammontree's Performance Brake — 421 pass rd, gulfport, ms 39507
- The People Who Care Auto Clinic — 407 32nd 1/2 St, Gulfport, MS 39507
- AMX Automotive LLC — 421 Pass Rd, Gulfport, MS 39507
- Tire Doctor — 421 Pass Rd, Gulfport, MS 39507
Frequently Asked Questions
What type of property is this?
Auto shop - For-sale automotive property located on E Pass Rd in Gulfport, MS, within Harrison County.
Where is this auto shop located?
The property is located at 435-517 E Pass Rd Gulfport, MS.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Automotive property for sale on E Pass Rd in Gulfport, MS (Harrison County).; Built in 1987.
