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$750,000
Est. payment /mo
4,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $170
MLS Listing ID 4125996
Year Built 1955
Annual Tax Amount $5,575
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 100x109
Property Sub-Type Other
Source MLS United
Property Description
Turnkey investment opportunity located just half a mile from the main gate of Keesler Air Force Base. This high-visibility property sits on a 0.25-acre near 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.
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.
Location
State MS
County Harrison
Building
New Construction No
Others
Tax ID 1210h-03-002.000
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Information is deemed to be reliable but not guaranteed. Copyright © 2025 MLS United, LLC.
Listed by Pedal Realty, LLC.
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