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Property profile & analytics
OFF-MARKET
Retail space

624 Pass Rd Gulfport, MS 39507-3301

4,230 SF Built 1977
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US50-0238873
Property summary
AI-generated overview

This exceptional 16,815 square foot retail property, located at 624 E Pass Rd in Gulfport, Mississippi, presents a unique investment opportunity. The property, formerly a Hyundai dealership, sits on a 3.63-acre lot and includes three buildings totaling 16,815 square feet. The main building features a +/- 4,000 square foot showroom with offices and an attached +/- 8,700 square foot service area, complete with a loading dock and two 11' 10" high roll-up doors. A second building offers an additional +/- 4,000 square feet of service area with seven 9' 10" high roll-up doors. The property also boasts approximately 2 acres of paved parking, plus additional compacted limestone and grassed areas. Built in 1977 and renovated in 2022, this property benefits from a Hybrid T4+ / B-3 Central Business District zoning designation. Situated on Pass Road, between Courthouse Road and Teagarden Road, this high-traffic location (22,000 ADT) offers exceptional visibility and accessibility. The asking price is $1,399,000 ($83.20/sq ft). This location has a proven track record of high sales volume, averaging over 90 used car sales monthly. The property is ideal for automotive, retail, or service businesses seeking a prominent presence in a thriving Gulfport market. A new dealership is slated for completion in August 2024. The property's APN is 0910I-01-068.000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Total area 4,230 SF
APN 0910I-01-068.000
UPID US50-0238873
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
  • Allen Hyundai Service Auto Repair Shop
  • Matt Bowers Hyundai Parts Auto Parts Store
  • Matt Bowers Hyundai Car Dealership
  • Hyundai at Allen Car Dealership
  • Matt Bowers Hyundai Service Auto Repair Shop
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
by Request
Owner & transaction history
Hadler & West Properties LLC · 1 yrs held
Hadler & West Properties LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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