Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Outlet malls
2511 Ingalls Ave Pascagoula, MS 39567-6719
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US50-0262361
Property summary
AI-generated overview
This exceptional investment opportunity presents a single-tenant, 16,500-square-foot Dollar General store located at 2511 Ingalls Ave, Pascagoula, MS 39567. The property boasts a 7.25% cap rate and a substantial net operating income (NOI) of $64,000 annually. Built in 2011 and renovated in 2021, this free-standing building sits on a 2.49-acre lot and benefits from a 100% occupancy rate. The investment features a long-term net lease with a corporate-guaranteed tenant, minimizing landlord responsibilities and ensuring a stable income stream. Rent bumps are included in the lease agreement. The property's prime location in a high-traffic area near residential neighborhoods and major employers guarantees consistent customer flow and long-term value. This is a low-maintenance, high-return investment opportunity with a nationally recognized tenant, offering significant potential for appreciation. The asking price is $882,758. This is a single-story building with a single unit.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2011
Total area
16,763 SF
Lot
2.49 ac (108,464 SF)
APN
40407008.000
UPID
US50-0262361
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
-
FedEx OnSite Postal Service Courier Service
-
DG Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.57M
Owner & transaction history
Pgdg LLC · 5 yrs held
Pgdg LLC
since 2021
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+54.1%
Office building
$1.8M
+52.6%
Commercial (general)
$1.5M
+30.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pascagoula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pascagoula submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,170,000
Current use
MEDICAL BUILDING
$1,800,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$1,785,000
Change: +53% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,520,000
Change: +30% · Conversion: Easy
RESTAURANT
$1,465,000
Change: +25% · Conversion: Easy
WAREHOUSE, STORAGE
$1,455,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,225,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$955,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$93 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,189
Tax year 2023
Assessed value
$99,559
Assessed 2023
Previous assessed
$99,559
+0.0% YoY
Effective rate
15.26%
On assessed value
Assessed land
$9,257
Assessed improvement
$90,302
Land market value
$61,710
Improvement market value
$602,011
Total market value
$663,721
Applied tax rate
3,440.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2011
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
16,763 SF
Lot
2.49 ac (108,464 SF)
APN
40407008.000
UPID
US50-0262361
Jurisdiction
JACKSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RESTAURANT
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$955,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2011
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.49 ac
Current owner
From public records · entity-resolved
Pgdg LLC
Entity
Mailing address
3833 WILLIAMSBURG CIR, MOUNTAIN BRK, AL 35243-5522
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
—
Pgdg LLC
Store Master Funding 3
Warranty Deed
$564,000 · Community Bank
Mar 15, 2011
—
Jones Bros. Properties, LLC
Clark Holdings, LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2511 Ingalls Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
