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Climate-Controlled Warehouse Condo
For Sale
$150,000

458 Back Bay Boulevard lot 8, Biloxi, MS 39530

Commercial Sale, Biloxi, MS

Property Size1,000 SF
Lot Size2.00 Acres
Price / SF$150
Days on Market8

Property Features for 458 Back Bay Boulevard lot 8

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Metes And Bounds
Lot features City Lot, City Lot
Standard status Active
APN 1410b-02-002.000
Size 1,000 SF
Lot size 2.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description (2 AC) LOT FRONTING 85 FT M/L ON S LINE OF E BAYVIEW AVE & SLY 1160 FT M/L LESS & EXCEPT BACK BAY RD ALSO LESS & EXCEPT 98 FT X 100 FT FOR NEW BAYVIEW AVE; AND ADJ E 1/2 OF FOUNTAIN LANE VACATED PER 2010-91 & CITY OF BILOXI RESOLUTION #465-94 N BY E BAYVIEW AVE, W BY FOUNTAIN ST (VACATED), S BY FKA GOFF & E BY GUTIERREZ FKA PERESICH
Tax Annual Amount 2603
Legal Description (2 AC) LOT FRONTING 85 FT M/L ON S LINE OF E BAYVIEW AVE & SLY 1160 FT M/L LESS & EXCEPT BACK BAY RD ALSO LESS & EXCEPT 98 FT X 100 FT FOR NEW BAYVIEW AVE; AND ADJ E 1/2 OF FOUNTAIN LANE VACATED PER 2010-91 & CITY OF BILOXI RESOLUTION #465-94 N BY E BAYVIEW AVE, W BY FOUNTAIN ST (VACATED), S BY FKA GOFF & E BY GUTIERREZ FKA PERESICH

Building Details

Year built 2025
Floors in Building 1
Flooring type Concrete
Listing Agency: Weichert Realtors Gulf Properties
Listed By: Thomas L Reynolds · License #S52647
Added: Sep 30 Changed: Oct 2 Last Checked: Oct 7 at 5:06AM
MLS# 4164058

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.

This warehouse condominium provides 1,000 square feet of interior space with heating and cooling, plus a concrete floor. Completed in 2025, the unit is suited to secure storage for boats, motorhomes, custom cars, or other valuables. Business use is possible with approval.

The condominium is part of a 2-acre property at 458 Back Bay Boulevard in Biloxi, Mississippi.

Key Highlights

  • 1,000‑square‑foot warehouse condominium
  • Heated and cooled interior
  • Concrete flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,771
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,420 $135.4K
Cap Rate 7%
$96,729 $96.7K
Cap Rate 9%
$75,233 $75.2K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$8.6K $8.64/SF
− Vacancy
−$674 −$0.67/SF
EGI
$8.0K $7.97/SF
− OpEx
−$1.2K −$1.19/SF
NOI
$6.8K $6.77/SF
Area
Harrison County, MS
Vacancy
7.80%
Lease Rate
$8.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,420
Cap Rate 7%
$96,729
Cap Rate 9%
$75,233

Alternative Uses

Best Use
Warehouse
$96.7K
$84.6K – $112.9K (±1% cap)
NOI $6,771 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$161.1K
$141.0K – $188.0K (±1% cap)
NOI $11,277 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Building Supply Real Estate Agency Pharmacy Auto Parts Store Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby
Under-served
Demand for This Use

Demographics for 39530, MS

8,392
Population
4,533
Households
1.9
Avg Household Size
41
Median Age
18%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
1,865
Density / Sq Mi
$39,755
Median Household Income
$26,222
Median Earnings
$821
Median Rent
$149,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - A private storage bay offers climate control and potential business use with approval.
Where is this warehouse located?
The property is located at 458 Back Bay Boulevard lot 8 Biloxi, MS.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,000‑square‑foot warehouse condominium; Heated and cooled interior; Concrete flooring
More about this property
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