Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    3501 Chicot St Pascagoula, MS 39581

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3501 Chicot St Pascagoula, MS 39581

    View on Map
    • Gas stations
    • 0.27 lot acres
    Off-Market
    Property ID
    US50-0222892
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gas stations

    Property Details for 3501 Chicot St

    Lot size
    0.27 lot acres
    Property type
    Gas stations
    APN
    41555060.000
    APU
    41555060000

    Description

    This exceptional investment opportunity presents a prime gas station site located at 3501 Chicot St, Pascagoula, Mississippi, 39581. The property is zoned for General Commercial use and offers significant potential for a variety of commercial ventures. Currently configured as a gas station, the sale price is $150,000. The property includes two parcels, with APN numbers 41555059.000 and 41555058.000. Please note that an ice-making facility currently situated on the property is excluded from this sale and will be separated prior to closing. The final size of the property to be conveyed will be determined at the time of contract. This adjustment will not affect the overall asking price of $150,000. This location in Jackson County offers excellent visibility and accessibility, making it an ideal location for a thriving business. The property's strategic positioning within Pascagoula presents a unique opportunity for investors seeking a high-return commercial investment in a growing market. Detailed information regarding the exact dimensions of the property after the exclusion of the ice-making facility will be provided during the due diligence period. Serious inquiries are encouraged to explore this promising commercial real estate opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pascagoula
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.5261
    Latitude
    30.3696
    CBSA code
    25060
    CBSA name
    GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $338
    $2,049
    $165
    $2,214
    -
    $13,660
    $1,100
    $14,760

    Comparable in this City

    • Value Estimation by Request
      1,485 SF

      4263 Denny Ave

      SERVICE STATION (FULL SERVICE) • 1,485 SF
      4263 Denny Ave, Pascagoula, MS 39581
      View Details
    • Value Estimation by Request
      478 SF

      3603 Chicot St

      AUTO REPAIR, GARAGE • 478 SF
      3603 Chicot St, Pascagoula, MS 39581-4319
      View Details
    • Value Estimation by Request
      28.74 Acres

      4200 Industrial Rd

      PARKING LOT • 28.74 Acres
      4200 Industrial Rd, Pascagoula, MS 39581-5221
      View Details
    • Value Estimation
      $530,000
      9,220 SF

      4203 Shortcut Rd

      AUTO REPAIR, GARAGE • 9,220 SF
      4203 Shortcut Rd, Pascagoula, MS 39581-5541
      View Details
    • Value Estimation
      $570,000
      9,360 SF

      3400 Chicot St

      AUTO REPAIR, GARAGE • 9,360 SF
      3400 Chicot St, Pascagoula, MS 39581-4300
      View Details
    • Value Estimation by Request
      0.62 Acres

      2816 Eden St

      PARKING LOT • 0.62 Acres
      2816 Eden St, Pascagoula, MS 39581-3312
      View Details

    Similar Nearby for Sale

    • $189,990

      Versatile Commercial Building on Old Mobile

      Adaptable 1,554 sq ft building ideal for retail or office.
      3401 Old Mobile Ave, Pascagoula, MS 39581
      View Details
    • Contact for pricing
      2,230 SF

      Starbucks in Aldi-Anchored Center

      Single-tenant Starbucks in Pascagoula, MS, with a 10-year lease.
      3939 Denny Ave, Pascagoula, MS 39581
      View Details
    • Contact for pricing

      New Retail Center with National Tenants

      56,986 SF, 4-tenant retail center with 10-year leases.
      3943 Denny Ave, Pascagoula, MS 39581
      View Details
    • $389,000
      2,400 SF

      Pascagoula Commercial Space For Sale

      2,400 SF commercial space in a prime Pascagoula location.
      3717 Hospital Rd, Pascagoula, MS 39581
      View Details
    • $279,000
      2,337 SF

      Pascagoula Commercial Opportunity on Corner

      Corner lot on main artery with high visibility.
      3011 Ingalls Ave, Pascagoula, MS 39581
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      3,200 SF

      Denny Ave Retail Space Available

      High-traffic retail space, Pascagoula, MS
      4501 - 4511 Denny Ave, Pascagoula, MS 39581
      View Details
    • Contact for pricing

      Pascagoula Office/Retail Space Available

      Open office space in a multi-tenant building with great visibility.
      3806 Hospital Rd, Pascagoula, MS 39581
      View Details
    • $1,000 /Mo
      750 SF

      Updated Triplex Apartment For Rent

      Recently updated 2-bedroom, 1-bath apartment in a quiet triplex.
      2214 22Nd St, Pascagoula, MS 39581
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3501 Chicot St
    Pascagoula, MS 39581
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!