Property profile

200 Pass Rd Gulfport, MS 39507

OFF-MARKET
Strip malls
Property ID
US50-0376740
6,863 SF 0.22 ac lot Built 1968
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Gulfport investment property, situated at 200 Pass Road, presents a unique opportunity for savvy investors. Boasting a prime location adjacent to Cajun Chickens, this 6,863 square foot mixed-use building sits on a 0.22-acre lot and offers significant income potential. Currently configured with eleven individual commercial spaces, seven of which are under lease, the property also includes a leased two-bedroom apartment, providing a consistent rental stream. The versatile layout is ideal for a variety of uses, including retail, professional offices, or creative enterprises. The high volume of traffic on Pass Road ensures excellent visibility and accessibility for tenants. This established property offers immediate cash flow with the potential for further growth and development. The existing leases provide a stable foundation for future investment strategies, while the vacant spaces offer opportunities to increase rental income and customize the property to meet specific market demands. This is a rare chance to acquire a well-positioned, income-producing asset in a thriving Gulfport commercial corridor. The property's size and location make it an attractive investment for both seasoned investors and those seeking a strong entry point into the commercial real estate market. Don't miss this chance to secure a valuable piece of Gulfport's commercial landscape.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1968
Total area 6,863 SF
Lot 0.22 ac (9,500 SF)
APN 0910K-02-023.000
UPID US50-0376740

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Barber Shop
  • Recording Studio
  • Physician
  • Medical Clinic
  • Physician

Location

200 Pass Rd Gulfport, MS 39507-3033
Gulfport metro Census 1703 GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

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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