Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2458 Pass Rd Biloxi, MS 39531-2838
    Back to Search
    Property profile & analytics

    2458 Pass Rd, Biloxi, MS 39531-2838

    View on Map
    • Office Spaces
    • 2,739 SF
    • 0.32 lot acres
    Off-Market
    Property ID
    US50-0413753
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community Choice Financial / Check Cashing

    Property Details for 2458 Pass Rd

    Year built
    1956
    Lot size
    0.32 lot acres
    Property type
    Office Spaces
    APN
    1110G-03-015.000
    APU
    1110G03015000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 23, 2015 — Not Provided Not Provided Warranty Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.9802
    Latitude
    30.4017
    CBSA code
    25060
    CBSA name
    GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,151
    $0.00
    $0.00
    $28,705
    -
    $90,160
    $101,207
    $191,367

    Comparable in this City

    • Value Estimation by Request
      7,005 SF

      2556 Marshall Rd

      OFFICE (GENERAL)
      2556 Marshall Rd, Biloxi, MS 39531
      View Details
    • Value Estimation by Request
      452 SF

      1717 Pass Rd

      OFFICE (GENERAL)
      1717 Pass Rd, Biloxi, MS 39531-3329
      View Details
    • Value Estimation by Request
      2,445 SF

      1903 Pass Rd

      OFFICE (GENERAL)
      1903 Pass Rd, Biloxi, MS 39531-4103
      View Details
    • Value Estimation by Request
      1,484 SF

      2486 Pass Rd

      OFFICE (GENERAL)
      2486 Pass Rd, Biloxi, MS 39531-2838
      View Details
    • Value Estimation by Request
      2,086 SF

      2789 Pass Rd

      OFFICE (GENERAL)
      2789 Pass Rd, Biloxi, MS 39531-2600
      View Details
    • Value Estimation by Request
      1,127 SF

      1764 Pass Rd

      OFFICE (GENERAL)
      1764 Pass Rd, Biloxi, MS 39531-3339
      View Details

    Similar Nearby for Sale

    • $1,600,000
      24,351 SF

      Prime Biloxi Office Building

      High-Yield Office Investment Opportunity
      152 Gateway Dr, Biloxi, MS 39531
      View Details
    • $799,000
      9,877 SF

      Biloxi Mixed-Use Investment Opportunity

      Prime Office Building, Multi-Tenant Income
      2030 Pass Rd, Biloxi, MS 39531
      View Details
    • Contact for pricing
      7,021 SF

      Commercial Building on Busy Pass

      Commercial building suitable for retail, office, or mixed-use development.
      2733 Pass Rd, Biloxi, MS 39531
      View Details
    • $500,000
      7,021 SF

      Commercial Building on Busy Pass

      Commercial building on Pass Rd, ideal for retail/office/mixed-use.
      2733 Pass Rd, Biloxi, MS 39531
      View Details
    • $4,250,000

      Multi-Unit Office Property

      For sale multi-unit office property in Harrison County, suited for businesses seeking dedicated office space.
      156 Camellia St, Biloxi, MS 39531
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,350 SF

      Office Space in Oak Park

      Office space available for rent in Biloxi, Mississippi.
      2541 Pass Rd, Biloxi, MS 39531
      View Details
    • Contact for pricing

      Professional Office Space Available

      1085 SF office space for lease on Pass Road.
      1643 East Pass Rd, Biloxi, MS 39531
      View Details
    • Contact for pricing
      2,460 SF

      Office and Warehouse Space Available

      Office and warehouse space near Edgewater Mall with ample parking.
      285 Gulfwater Dr, Biloxi, MS 39531
      View Details
    • $1,300 /Mo
      1,000 SF

      Prime Retail/Office Space Available

      1,000 SF retail/office space in high-traffic Biloxi location.
      2643 Executive Pl, Biloxi, MS 39531
      View Details
    • $15 SF/Yr
      4,400 SF

      Versatile Commercial Property on Pass Road

      Commercial property in Biloxi with flexible space and ample parking.
      2030 Pass Rd, Biloxi, MS 39531
      View Details
    • Contact for pricing

      Edgewater Square Retail Space

      Retail spaces for lease in Biloxi, Mississippi.
      280 Eisenhower Dr, Biloxi, MS 39531
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2458 Pass Rd
    Biloxi, MS 39531-2838
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2458 Pass Rd, Biloxi, MS, 39531
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!