993 Tommy Munro Dr - Office FOR SALE


Biloxi, MS 39532
$1,200,000 USD
228-547-0707
993 Tommy Munro Dr, Biloxi, MS for Sale
$1,200,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

993 Tommy Munro Dr
Biloxi, MS 39532


OVERVIEW

Investment Opportunity - Fully Leased Professional Office Building with Expansion Parcel. We are excited to offer this turnkey, fully leased ±4,500 SF professional office building situated in the desirable Biloxi Commerce Park. Strategically positioned with excellent visibility and access just off I-10 at the Popps Ferry Road and Cedar Lake Road corridor, the property benefits from a thriving, well-established business district in Biloxi--providing convenient proximity to major employers, retail, and interstate connectivity. Key highlights include: • Stable Cash Flow: 100% leased to quality tenants, delivering immediate and reliable income. • Prime Location: High-traffic area with strong commercial synergy and easy I-10 access for employees and clients. • Future Growth Potential: An additional contiguous 1-acre parcel is included, already improved with a dedicated parking lot--ideal for expansion, additional office space, or complementary development. This rare combination of current income generation and built-in upside makes this asset an attractive opportunity for investors seeking both stability and long-term value appreciation in the growing Biloxi market.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Fully Leased Office Bldg. w/ add'l acre to bu

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

2.11 AC

LAND SF

91,912 SF

ZONING

-

APN/PARCEL ID

1208P-01-003.026,1208P-01-003.027

ASK ABOUT THIS PROPERTY

Tim CarlsonSoutheast Commercial Real EstateMore Info
228-547-0707

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Tim CarlsonSoutheast Commercial Real EstateMore Info
228-547-0707

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