1707 Pass Rd - Freestanding FOR SALE


Biloxi, MS 39531
$750,000 USD
228-256-2693
1707 Pass Rd, Biloxi, MS for Sale
$750,000 USD
Freestanding - FOR SALE
1/28
null | 7.94% Cap Rate

1707 Pass Rd
Biloxi, MS 39531


HIGHLIGHTS

  • Heavy Traffic
  • Parking
  • Retail Space

OVERVIEW

The current parcel # does not indicate the subdivision. 9200 sq ft includes both the retail space and the shop in the back of the property. Buyer and buyer agent to verify all details. Public Remarks: Turnkey investment opportunity located just half a mile from the main gate of Keesler Air Force Base on .46 acre lot. This high-visibility property sits on a corner lot at the intersection of Pass Road and Rodenberg Avenue—one of Biloxi's most heavily trafficked commercial corridors. The property features two buildings: a recently remodeled 4,400-square-foot structure divided into two suites, complete with a new roof, updated mechanical systems, a drop ceiling, and fresh interior finishes. The second structure is a 4,800 square foot metal building equipped with four roll-up bays, ideal for industrial, service, or automotive use. All three units are leased under newly executed five-year triple net (NNN) leases, each with personal guarantees in place. The property generates a net annual income of $59,580, offering a strong return for investors. At a projected price of $750,000, this asset reflects an approximate cap rate of 7.94%. This is a fully stabilized investment with no deferred maintenance in a high-demand area. Perfect for buyers seeking immediate cash flow in a growth market.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

7.94%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stabilized Commercial Asset Near Keesler AFB

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,386 SF

ZONING

NB

APN/PARCEL ID

1210H-03-002.000

ASK ABOUT THIS PROPERTY

Tara WallacePedal Realty, LLC.More Info
228-256-2693

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Tara WallacePedal Realty, LLC.More Info
228-256-2693

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.