2531 Pass Rd Biloxi, MS 39531
This exceptional 3.36-acre commercial property, located at 2531 Pass Road in Biloxi, Mississippi, presents a unique investment opportunity. Zoned for commercial use, this expansive lot offers 1,797 square feet of existing building space currently leased month-to-month. The property's strategic location in the heart of west Biloxi ensures high visibility and accessibility, situated on busy Pass Road. Its proximity to a variety of amenities, including shopping centers, banks, and numerous restaurants, makes it an ideal location for a thriving business. The existing structure provides immediate income potential, while the substantial lot size allows for significant development possibilities, catering to a range of commercial ventures or even a small-scale residential project. The property's address is 2531 Pass Road, Biloxi, MS 39531, within Harrison County. This is a rare chance to acquire a well-positioned commercial parcel in a rapidly growing area, offering both immediate return and long-term growth potential. The asking price is $249,900. This property is listed as "Other" in the commercial subtype category.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.