Mixed-Use Property with Two
For Sale
$435,000
70417047 7041/7047 Kiln Delisle Rd, Pass Christian, MS 39571
Two separate buildings support residential occupancy, commercial use, or an income-producing configuration in Pass Christian.
Property Size2,943 SF
Price / SF$147.81
Days on Market88
Property Features for 70417047 7041/7047 Kiln Delisle Rd
General Information
Standard status
Active
Size
2,943 SF
Building Details
Buildings
2
Listing Agency:
Southeast Properties
Listed By:
Amanda Cumberland · License #S48867
(228) 806-5048
Source:
Fiorellaavenue
Added: Jul 21
Changed: Oct 5
Last Checked: Oct 7 at 2:07PM
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 Southeast Properties
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Investment Insights
Based on property information with market context.
This mixed-use property includes two separate structures on one parcel. The residential building offers two bedrooms, one bathroom, an open-concept layout, a home office nook, and a butler’s pantry with laundry area. Outdoor space beneath a mature oak tree adds to the residential setting. The second building is described as a spacious structure suitable for residential, commercial, or income-producing use.
Located on Kiln Delisle Road in Pass Christian, the property is near Gulf Coast beaches, downtown, local restaurants, shopping, fishing, and boating. The separate-building layout provides flexibility for combining personal occupancy with a business or rental use, subject to applicable requirements.
Located on Kiln Delisle Road in Pass Christian, the property is near Gulf Coast beaches, downtown, local restaurants, shopping, fishing, and boating. The separate-building layout provides flexibility for combining personal occupancy with a business or rental use, subject to applicable requirements.
Key Highlights
- Two separate structures located on one parcel
- Residential building with 2 bedrooms and 1 bathroom
- Open floor plan with home office nook
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,859
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,180
$417.2K
Cap Rate 7%
$297,986
$298.0K
Cap Rate 9%
$231,767
$231.8K
Market Conditions
NOI Build-Up for 2,943 SF
Gross rent
$37.1K $12.60/SF
− Vacancy
−$3.7K −$1.26/SF
EGI
$33.4K $11.34/SF
− OpEx
−$12.5K −$4.25/SF
NOI
$20.9K $7.09/SF
Area
Harrison County, MS
Vacancy
10.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,180
Cap Rate 7%
$297,986
Cap Rate 9%
$231,767
Alternative Uses
Best Use
Mixed Use
$298.0K
$260.7K – $347.7K
NOI $20,859 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$235.1K
$205.7K – $274.3K
NOI $16,458 @ 7.0% cap · market cap 3.78%
Theoretical Best
Healthcare Medical
$474.1K
$414.9K – $553.1K
NOI $33,188 @ 7.0% cap · market cap 7.63%
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
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 39571, MS
14,892
Population
6,790
Households
2.2
Avg Household Size
44
Median Age
33%
College-Educated
92%
High-School Grad
86.0 sq mi
ZIP Area
173
Density / Sq Mi
$64,469
Median Household Income
$41,696
Median Earnings
$1,004
Median Rent
$233,000
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two separate buildings support residential occupancy, commercial use, or an income-producing configuration in Pass Christian.
Where is this mixed-use property located?
The property is located at 70417047 7041/7047 Kiln Delisle Rd Pass Christian, MS.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Two separate structures located on one parcel; Residential building with 2 bedrooms and 1 bathroom; Open floor plan with home office nook
