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1707 Pass Road, Biloxi, MS 39531 (MLS# 4125996)

1707 Pass Road, Biloxi, MS 39531

$750,000
Property Type: Commercial Sale Square Footage: 20,386 Lot Size (sq. ft.): 20,473 Status: Active
Current Price: $750,000 List Date: 9/17/2025 Last Modified: 10/29/2025

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.

More Information MLS# 4125996

Address and Location Information

Nearest Cross Street: Rodenberg Avenue Parcel Number: 1210h-03-002.000 N or S of I-10: S N or S of CSX Railroad Track: N Street Number: 1707 Street Name: Pass Street Suffix: Road County: Harrison State: MS Zip Code: 39531

Listing Information

Listing Service: Full Service Status: Active List Date: 2025-09-17 List Price: $750,000 Current Price: $750,000 Property Sub Type: Other

General Property Information

Property Sub Type: Other New Construction: No Approx Lot Size Acres: 0.47 SqFt Source: Owner Warehouse Square Footage: 4800 List Price/SqFt: 36.79 Year Built Source: Public Records Total Floors: 1 Accessibility Features: Yes Approx H/C SqFt: 20386 Year Built: 1955

Tax and Financial Information

Tax Annual Amount: 5575 Tax Year: 2024 Zoning: Neighborhood Business Flood Insurance Required?: No Leasehold Y/N: No Legal Description: BEG 100 FT W OF INTER OF S MAR OF PASS RD & W MAR OF RODENBERG AVE W 100 FT ALONG PASS RD S 200.5 FT E 200 FT TO RODENBERG AVE N 100 FT ALONG RD W 100 FT N 89 FT TO POB PART OF N 1/2 OF SW 1/4 OF SE 1/4 OF SEC 25-7-10 ALSO KNOWN AS AN ELL SHAPE LOT FRONTING 100 FT ON S SIDE PASS RD & 100 FT ON RODENBER G AVE IN N 1/2 OF SE 1/4

Remarks & Miscellaneous

Public Remarks: 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.

Current Use

Retail: 1

Possible Use

Commercial: 1 Investment: 1 Retail: 1 Warehouse: 1 Other: 1

Business Type

Commercial: 1 Other: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Showing Requirements

Showing: Show Any Time

Auction

Auction: No

Basement Features

Basement: No

Property Features

Business Type: Commercial; Other Current Use: Retail Possible Use: Commercial; Investment; Retail; Warehouse; Other Listing Terms: 1031 Exchange; Cash; Conventional
Listing Office: Pedal Realty, LLC.
Listing Agent: Tara J Wallace
Last Updated: October - 29 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.