2719 Pass Rd Biloxi, MS 39531-2631
- Retail residential properties
- 7,249 SF
- 0.44 lot acres
Aug 01, 2024
Current Use by Public Records
- Retail residential properties
Property Details for 2719 Pass Rd
- Year built
- 1970
- Lot size
- 0.44 lot acres
- Property size
- 7,249 SF
- Property type
- Retail residential properties
- APN
- 1110E-02-016.000
- APU
- 1110E02016000
Description
This exceptional investment opportunity presents two retail buildings totaling 8,735 square feet, ideally situated near Edgewater Mall in Biloxi, Mississippi. The property consists of two buildings located at 2719 and 2723 Pass Road, with APNs 1110e-02-016.000 and 1110e-02-017.000 respectively. The larger building, at 7,249 square feet, features a clear-span design, previously occupied by Rhodes Flooring America, and offers significant adaptability for various retail uses. The smaller building, encompassing 1,486 square feet, was formerly a State Farm office and is equally versatile. Both properties are zoned Neighborhood Business (NB), allowing for a wide range of retail possibilities. The asking price for this combined offering is $599,000, translating to $68.57 per square foot. The buildings are currently vacant, presenting a blank canvas for prospective tenants. This prime location boasts high visibility and proximity to numerous established businesses, including Firestone Complete Auto Care, Hobby Lobby, Dunkin' Donuts, and Wells Fargo, ensuring strong foot traffic and potential for high returns. The lease type is NNN. This is a rare opportunity to acquire two well-located retail buildings in a thriving Mississippi market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Biloxi
- County
- Harrison
- State
- Mississippi
- Longitude
- -88.9968
- Latitude
- 30.4001
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
