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Property profile & analytics
OFF-MARKET
Office Spaces

156 Porter Ave Biloxi, MS 39530-3724

11,256 SF 0.44 ac lot Built 1950
Entity Owned 1-yr Hold Free & Clear
Property ID
US50-0400725
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully rented, 20,449 square foot commercial building situated on a 0.47-acre lot at 156 Porter Avenue in Biloxi, Mississippi. Priced at $869,000, this property offers significant potential for immediate return on investment. The building has undergone extensive upgrades and unit remodels within the last two years, ensuring modern and attractive spaces for tenants. The current occupancy rate of 100% translates to a consistent and reliable cash flow stream, making this an ideal asset for passive income generation. The property's location in Biloxi provides easy access to major transportation routes and a thriving local economy. This turnkey operation requires minimal management, allowing investors to maximize their returns with minimal effort. The property is ready for immediate viewing, allowing prospective buyers to assess its value and potential firsthand. This is a rare opportunity to acquire a high-performing commercial property in a desirable location, offering a secure and profitable investment. Don't miss out on this exceptional chance to add a strong performer to your portfolio. Contact us today to schedule a showing.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1950
Total area 11,256 SF
Lot 0.44 ac (19,030 SF)
APN 1310I-01-015.000
UPID US50-0400725
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Schroeder-Lanoux Court Reporting & Video Conferencing Law Firm
  • Carson Martha Guil Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Summit Investment Properties LLC · 1 yrs held
Summit Investment Properties LLC
since 2025
2 recorded transactions
2025
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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