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Property profile & analytics
OFF-MARKET
Retail space

2015 Pass Rd Biloxi, MS 39531-3125

2,360 SF 0.2 ac lot Built 1984
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US50-0329806
Property summary
AI-generated overview

This 2,360 square foot retail property, located at 2015 Pass Rd, Biloxi, MS 39531, is zoned NB-Neighborhood Business and sits on an 8,712 square foot lot. Built in 1984, the building offers significant potential beyond its previous use as a Meineke Muffler Shop. The property features three bays, equipped with substantial lifting equipment: a red Rotary 2-post swing arm lift (9,000+ lbs capacity), a blue Ben Pearson LMT-9 4-post drive-on lift (9,000 lbs capacity), and a yellow Ben Pearson LMT-12 4-post drive-on lift (12,000 lbs capacity). Access is provided by two 10-foot and one 12-foot roll-up doors. The asking price is $199,000, translating to $84.32 per square foot. Its strategic location in Biloxi, Harrison County, presents a unique opportunity for various businesses, potentially capitalizing on the annual Cruzin' the Coast classic car event. The property's size and existing infrastructure offer considerable flexibility for adaptive reuse. This is an exceptional opportunity for an investor seeking a versatile commercial space in a high-traffic area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Total area 2,360 SF
Lot 0.2 ac (8,775 SF)
APN 1210F-03-017.003
UPID US50-0329806
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Shaun Parker Construction LLC · 1 yrs held
Shaun Parker Construction LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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