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Highway Frontage Car Shop Opportunity
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7621 Elder Ferry Road, Moss Point, MS 39563

Established car shop with residential/commercial zoning and highway frontage.

Property Size1,892 SF
Lot Size1.00 Acre
Price / SF$97.78
Days on Market173

Property Features for 7621 Elder Ferry Road

General Information

Standard status Active
Size 1,892 SF
Lot size 1.00 Acre
Property subtype Special Purpose

Building Details

Year Built 1952
Listing Agency: Coldwell Banker Smith Homes
Listed By: lisa wasielak · License #s-59652
Source: Crexi
Added: Feb 7 Changed: Jul 10 Last Checked: Jul 29 at 4:11PM

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 Coldwell Banker Smith Homes

Investment Insights

Based on property information with market context.

This versatile property features interiors with a modern touch, blending comfort and functionality. The spacious bedrooms are bright and inviting, featuring updated flooring, ample closet space, and large windows that fill the home with natural light. There's flexibility for a small office or workspace, making it ideal for everyday living or working from home. The living room provides a warm, comfortable setting perfect for relaxing or entertaining, enhanced by wood accents and a thoughtfully designed layout. A seamless flow between the main living areas and bedrooms adds to the home's practicality. The home includes a solar-powered security system and updated outlets. Zoned for both residential and commercial use, this property offers possibilities from a primary residence to a home-based business or investment opportunity. The nearly one-acre lot provides ample room to expand, and the large metal shop currently operates as an established, reputable car shop, already fully set up for work or storage. The car lift conveys, making it ideal for mechanics, hobbyists, or commercial use. The fenced-in backyard adds privacy and security. With Highway 613 road frontage and additional access from Elder Ferry Road, the property allows easy entry for equipment, customers, or daily travel. The property size is 1892 square feet.

Key Highlights

  • Residential and Commercial Zoning: Offers diverse usage possibilities.
  • Highway 613 Road Frontage with Additional Access: Provides excellent accessibility.
  • Established Car Shop with Car Lift: Includes a fully operational metal shop, ideal for mechanics; car lift conveys.

Financial Insights For Industrial

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 $18.8k $9.96
− Vacancy −$1.3k −$0.70
EGI $17.5k $9.26
− OpEx −$5.3k −$2.78
NOI $12.3k $6.48
1,892 SF · lease $9.96/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$321.8K
$281.5K – $375.4K (±1% cap)
NOI $22,523 @ 7.0% cap · market cap 12.17%
Second Best
Industrial
$175.3K
$153.4K – $204.5K (±1% cap)
NOI $12,268 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$516.9K
$452.3K – $603.0K (±1% cap)
NOI $36,181 @ 7.0% cap · market cap 19.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Electrical Service Building Supply Plumbing Service Auto Parts Store

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

126
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 100%
Piggly Wiggly Groceries
14,219 visits/mo 0.3 miles

Demographics for 39563, MS

12,300
Population
5,717
Households
2.2
Avg Household Size
47
Median Age
15%
College-Educated
86%
High-School Grad
19.9 sq mi
ZIP Area
618
Density / Sq Mi
$46,672
Median Household Income
$30,719
Median Earnings
$1,039
Median Rent
$107,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • TJ'S onsite truck and trailer diesel repair — 7009 MS-613, Moss Point, MS 39563
  • Danny's Towing — 7007 MS-613, Moss Point, MS 39563
  • John Byars — Rabby St, Moss Point, MS 39563
  • Grease Monkey — 7118 MS-613, Moss Point, MS 39563
  • H&H Auto Services — 7200 MS-613, Moss Point, MS 39563

Frequently Asked Questions

What type of property is this?
Auto shop - Established car shop with residential/commercial zoning and highway frontage.
Where is this auto shop located?
The property is located at 7621 Elder Ferry Road Moss Point, MS.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Residential and Commercial Zoning: Offers diverse usage possibilities.; Highway 613 Road Frontage with Additional Access: Provides excellent accessibility.; Established Car Shop with Car Lift: Includes a fully operational metal shop, ideal for mechanics; car lift conveys.
More about this property
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