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2033 Old Mobile Ave Pascagoula, MS 39567

Office buildings Google Maps
2,808 SF 0.63 ac lot Built 1966
Individually Owned 13-yr Hold Free & Clear
Estimated value (blended)
$455k
Range $410k – $501k (±10%)
Property ID US50-0249555

Property summary

AI-generated overview

This exceptional 5,500 square foot commercial property, situated on a 0.63-acre lot at 2033 Old Mobile Avenue in Pascagoula, MS, presents a unique investment opportunity. Its central location boasts heavy traffic flow and high visibility, capitalizing on Pascagoula's significant economic expansion, including several large-scale mixed-use retail developments. The property features three street-facing office suites at the front, ideal for retail or professional businesses. A substantial metal building at the rear offers significant additional space, perfect for storage, workshops, or expansion. The versatility of this property allows for a multitude of uses, including but not limited to retail shops, business offices, automotive sales, or a body shop. The existing office suites provide immediate income potential, while the large metal building offers ample space for expansion or leasing, maximizing return on investment. This property's prime location and adaptable layout make it an attractive prospect for savvy investors seeking a strong foothold in a thriving market. The combination of high visibility, multiple income streams, and the potential for diverse uses makes this a truly exceptional commercial property. Don't miss this chance to secure a piece of Pascagoula's burgeoning commercial landscape.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Total area 2,808 SF
Lot 0.63 ac (27,443 SF)
APN 41780154.005
UPID US50-0249555

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
  • Construction Company

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
$455k

Owner & transaction history

since 2012
2 recorded transactions
2019
Price N/A
2012
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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