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Property profile & analytics
OFF-MARKET Estimated value $900,000
Commercial real estate

2502 Telephone Rd Pascagoula, MS 39567-1816

10,725 SF 1.14 ac lot Built 2008
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US50-0211513
Property summary
AI-generated overview

This exceptional 10,725 square foot retail property, situated on a 1.14-acre lot at 2502 Telephone Road in Pascagoula, Mississippi, presents a truly unique investment opportunity. The building boasts a robust security system, including vaults and safes, making it ideal for businesses requiring high levels of security. The layout is highly versatile, featuring multiple rooms suitable for storage, offices, or a variety of other uses. A significant advantage is the dual-income potential: the property includes a fully operational and successful laundromat on the west side of the building, generating consistent revenue. The former pawn shop section offers ample space for a new business venture. The building's construction is exceptionally sturdy, built to withstand significant wear and tear. The second floor offers additional space with adaptable rooms for expansion or diverse uses. This property is zoned C2-Community Commercial, allowing for a wide range of business applications. The asking price is $1,300,000. This is a rare chance to acquire a well-established, secure, and income-producing property in a desirable location. The combination of a secure building, existing business, and versatile space makes this an exceptional investment opportunity with significant potential for growth and return. The property's location in Pascagoula offers easy access to major transportation routes and a strong local market. Don't miss this chance to own a piece of Pascagoula's commercial landscape.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Total area 10,725 SF
Lot 1.14 ac (49,658 SF)
APN 40401178.000
UPID US50-0211513
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
Current use
Occupant on record · Public records
  • Dad's Super Pawn East Discount Store (Bike/Boat/Book/etc) Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$960k
Comparable Approach Comparable
by Request
Blend (final) Blend
$900k
Owner & transaction history
Vj Properties-gulfport LLC · 3 yrs held
Vj Properties-gulfport LLC
since 2023
2 recorded transactions
2023
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.2M +18.5%
Office building $1.1M +17.4%
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