Property profile

14405-A Stenum St Biloxi, MS 39532

OFF-MARKET
Retail properties & Spaces
10,000 SF 0.67 ac lot Built 2003
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Property summary

AI-generated overview

This exceptional Class A, 10,000 square foot storefront, located at 14405-A Stenum Street in Biloxi, Mississippi, presents a compelling net lease investment opportunity. The property, built in 2003 and boasting a 10-foot ceiling height, is situated on a 0.67-acre lot (APN: 0-50-60-550.000) and zoned C-3. Currently 100% occupied by a franchisee tenant, this single-unit building generates a strong net operating income (NOI) of $80,820, resulting in a 5.39% cap rate. The asking price is $1,500,000. Significant upgrades were completed in 2015, adding 3,000 square feet and enhancing the building's functionality with new offices, flooring, doors, and windows. The property features a modern showroom, elegant glass-walled conference rooms, ample private offices, two kitchenettes, multiple private bathrooms, and electrical rooms. Convenient front parking is available for customers, along with secure rear parking for employees or inventory. The adjacent 1,900 square foot lot provides high-profile Interstate visibility, ideal for showcasing products and maximizing brand exposure. This is a rare opportunity to acquire a high-performing, well-maintained commercial property in a prime Biloxi location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2003
Total area 10,000 SF
Lot 0.67 ac (29,185 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14405-A Stenum St Biloxi, MS 39532
Biloxi metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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