Three-Unit Storefront
For Sale
$275,000
828 Pass Road, Gulfport, MS 39501
Commercial Sale, Gulfport, MS
Property Size2,612 SF
Lot Size0.13 Acres
Price / SF$105.28
Days on Market324
Property Features for 828 Pass Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
B2
Bathrooms
2
Half bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Parking Lot
Subdivision
Metes And Bounds
Directions
From Highway 49: Head south toward the beach, then turn left onto Pass Road. Continue for about 1.5 miles. The property at 828 Pass Road will be on your right. From Cowan Road: Head north or sout
Standard status
Active
APN
0910m-01-028.000
Size
2,612 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BEG AT NE COR OF LOT 23 & RUN W ALONG N LINE OF LOT 23 70 FT S 74.85 FT TO N MARGIN OF OLD PASS RD NE ALONG OLD PASS RD TO W MARGIN OF AN ALLEY N 46.6 FT TO BEG PART OF LOTS 21 TO 23 BLK 15 MYRTLE SUBD RESURVEY SEC 35-7-11
Tax Annual Amount
2393
Legal Description
BEG AT NE COR OF LOT 23 & RUN W ALONG N LINE OF LOT 23 70 FT S 74.85 FT TO N MARGIN OF OLD PASS RD NE ALONG OLD PASS RD TO W MARGIN OF AN ALLEY N 46.6 FT TO BEG PART OF LOTS 21 TO 23 BLK 15 MYRTLE SUBD RESURVEY SEC 35-7-11
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Forced Air
Cooling system
Central Air
Water source
Public
Amenities
new HVAC system
individual power meter
private restroom
large storefront display window
newer roof
Building Details
Year built
1950
Floors in Building
1
Listing Agency:
Coastal Realty Group
(228) 280-8026
Listed By:
Tyler Hoover · License #S60822
(228) 238-4523
Added: Nov 19, 2025
Changed: Oct 8
Last Checked: Oct 9 at 2:06AM
MLS# 4132174
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 2,612-square-foot storefront property contains three separate suites: Unit A measures 632 square feet, Unit B 982 square feet and Unit C 997 square feet. Each has a private restroom, individual power meter and new HVAC system. Unit B is leased. The building also has a newer roof and a large display window facing Pass Road.
The property is zoned B-2 (Business District) and is near Gulfport-Biloxi International Airport and I-10. Public water and sewer serve the property, and a parking lot is included.
The property is zoned B-2 (Business District) and is near Gulfport-Biloxi International Airport and I-10. Public water and sewer serve the property, and a parking lot is included.
Key Highlights
- 2,612‑square‑foot storefront building divided into three units
- Unit A: 632 square feet; Unit B: 982 square feet; Unit C: 997 square feet
- Each suite has its own HVAC system, individual power meter and private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,489
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,780
$469.8K
Cap Rate 7%
$335,557
$335.6K
Cap Rate 9%
$260,989
$261.0K
Market Conditions
NOI Build-Up for 2,612 SF
Gross rent
$36.7K $14.04/SF
− Vacancy
−$3.1K −$1.19/SF
EGI
$33.6K $12.85/SF
− OpEx
−$10.1K −$3.85/SF
NOI
$23.5K $8.99/SF
Area
Harrison County, MS
Vacancy
8.50%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,780
Cap Rate 7%
$335,557
Cap Rate 9%
$260,989
Alternative Uses
Best Use
Retail
$335.6K
$293.6K – $391.5K
NOI $23,489 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$420.8K
$368.2K – $490.9K
NOI $29,456 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,792 visits/mo
0.1 miles
Family Dollar
Shops & Services
4,725 visits/mo
0.2 miles
Chevron
Shops & Services
2,395 visits/mo
0.3 miles
U-Haul
Shops & Services
1,769 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
435 visits/mo
0.1 miles
Demographics for 39501, MS
22,599
Population
10,565
Households
2.1
Avg Household Size
35
Median Age
13%
College-Educated
78%
High-School Grad
14.4 sq mi
ZIP Area
1,569
Density / Sq Mi
$33,491
Median Household Income
$28,522
Median Earnings
$962
Median Rent
$115,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Each suite has its own HVAC system, power meter and private restroom.
Where is this storefront property located?
The property is located at 828 Pass Road Gulfport, MS.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2,612‑square‑foot storefront building divided into three units; Unit A: 632 square feet; Unit B: 982 square feet; Unit C: 997 square feet; Each suite has its own HVAC system, individual power meter and private restroom
