828 Pass Rd, Gulfport, MS 39501
High-visibility commercial building with three units, one currently leased.
- Added:
- Nov 20, 2025
- Days on Market:
- 229
- Last Refresh:
- Jun 30 at 7:14 am
Property Features for 828 Pass Rd
General Information
- Standard status
- Active
- Size
- 2,611 SF
- Lot size
- 0.13 Acres
Listing office Coastal Realty Group (228) 238-4523
Listing date Nov 20, 2025
Source Exprealty
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HighLights
- High‑visibility commercial building on Pass Road in a prime Gulfport location.
- Recently renovated with three separate units, each with new HVAC, individual power meter, and private restroom.
- Unit B is already leased, providing immediate rental income.
- Newer roof and large storefront display window.
- Zoned B‑2 (Business District) accommodating a wide range of business types.
- Close proximity to Gulfport‑Biloxi International Airport and Interstate I‑10.
Overview
Local Financial Insights For Retail
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 | $36.7k | $14.04 |
| − Vacancy | −$3.1k | −$1.19 |
| EGI | $33.5k | $12.85 |
| − OpEx | −$10.1k | −$3.85 |
| NOI | $23.5k | $8.99 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Lenola Creations — 1103 Monet St, Gulfport, MS 39507
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.0669
- Latitude
- 30.3873