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    OFF-MARKET
    Office buildings

    7608 Parkridge Dr, Biloxi, MS 39532-8904

    2,400 SF 0.33 ac lot Built 2002
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US50-0161132
    Property summary
    AI-generated overview

    This exceptional 3,100-square-foot single-tenant warehouse is ideally situated in Biloxi, Mississippi, at 7608 Park Ridge Dr, 39532. The property boasts a convenient location, less than five minutes from Interstate 10 via the Washington Avenue/Ocean Springs exit off Big Ridge Road. This industrial space features a well-designed layout, including downstairs office space with a reception area and restroom, and additional upstairs office space with a full bathroom. The approximately 2,000-square-foot warehouse area offers two 12' x 12' overhead doors for easy loading and unloading, along with a third restroom. The property is undergoing significant improvements, including the replacement of exterior metal cladding, installation of a new awning over the front entrance, interior office painting, new LVT flooring, and a complete AC/heat system replacement for the office area. The monthly rent is $2,650, modified gross. This property presents a fantastic opportunity for businesses seeking a functional and updated warehouse space in a prime Biloxi location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2002
    Total area 2,400 SF
    Lot 0.33 ac (14,375 SF)
    APN 05060514.000
    UPID US50-0161132
    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
    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
    Love The Mouse Travel LLC · 11 yrs held
    Love The Mouse Travel LLC
    since 2014
    2 recorded transactions
    2014
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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