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2719 Pass Rd Biloxi, MS 39531-2631

OFF-MARKET Retail residential properties Google Maps
7,249 SF 0.44 ac lot Built 1970
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$595k
Range $536k – $655k (±10%)
Property ID US50-0257824

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1970
Total area 7,249 SF
Lot 0.44 ac (19,240 SF)
APN 1110E-02-016.000
UPID US50-0257824

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$595k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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