185 8Th St Biloxi, MS 39530
- Office Properties & Spaces
- 3,690 SF
- 17.40 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 185 8Th St
- Year built
- 1973
- Lot size
- 17.40 lot acres
- Property size
- 3,690 SF
- Property type
- Office Properties & Spaces
- APN
- 1510E-01-003.000
- APU
- 1510E01003000
Description
This exceptional industrial property, located at 185 E 8th St, Biloxi, MS 39530, presents a significant redevelopment opportunity. The 173,560-square-foot facility sits on a sprawling 22-acre waterfront lot (APN: 1510E-01-003.000, 1510E-01-004.000) in Harrison County, boasting a permitted WF (Waterfront) zoning. The property comprises four buildings constructed in the mid-1970s using tilt-up concrete and concrete block, featuring robust concrete slab foundations, walls, and roofs. The buildings are interconnected via various overhead doors. This high-quality construction has proven resilient, withstanding major hurricanes, including Hurricane Katrina. Originally used for cat food manufacturing by the Heinz Family, the property offers significant potential for various industrial uses. Key features include five dock-high doors and the potential for rail access and a large lay-down yard. The asking price is $6,789,000, translating to $39.12 per square foot. The property is vacant and offered as a NNN lease. This owner/user investment opportunity is ideal for redevelopment and capitalizes on its prime waterfront location on Biloxi Back Bay with wharfage. The property is classified as industrial, encompassing distribution, manufacturing, and warehouse subtypes.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Biloxi
- County
- Harrison
- State
- Mississippi
- Longitude
- -88.8619
- Latitude
- 30.4048
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA