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2079 E Pass Road, Gulfport, MS 39507 (MLS# 4069238)

2079 E Pass Road, Gulfport, MS 39507

$1,600,000
Property Type: Commercial Sale Square Footage: 15,000 Lot Size (sq. ft.): 54,450 Status: Closed
Current Price: $1,800,000 List Date: 1/29/2024 Last Modified: 11/22/2024

Description

2 new shopping center buildings located on up and coming area of Pass Rd in Gulfport. Both fully occupied with all leases still in initial term. Estimated annual NOI for 2023 is right at $180,000.00. The two buildings are on two separate parcels, and the sellers are open to selling them separately subject to bank approval of release.

More Information MLS# 4069238

Address and Location Information

Nearest Cross Street: Red Oak Drive Parcel Number: 1010h-02-031.000 N or S of I-10: S N or S of CSX Railroad Track: N Street Number: 2079 Street Direction: E Street Name: Pass Street Suffix: Road County: Harrison State: MS Zip Code: 39507

Listing Information

Listing Service: Full Service Status: Closed List Date: 2024-01-26 List Price: $1,800,000 Current Price: $1,600,000 Property Sub Type: Retail

General Property Information

Property Sub Type: Retail New Construction: Yes Approx Lot Size Acres: 1.25 SqFt Source: Builder List Price/SqFt: 120 Year Built Source: Builder Total Floors: 1 Accessibility Features: Yes Approx H/C SqFt: 15000 Year Built: 2022

Tax and Financial Information

Tax Annual Amount: 22000 Tax Year: 2023 Flood Insurance Required?: No Leasehold Y/N: No Legal Description: BEG 350 FT W & 600.2 FT N OF SE COROF W 1/2 OF SW 1/4 OF SE 1/4 OF SEC29 ON W MAR OF RED OAK DR NLY ALONGRD 190.1 FT TO S MAR OF PASS RD WLYWLY ALONG RD 141 FT S 203.6 FT E 136.2 FT TO POB PART OF SW 1/4 OF OF SE 1/4 OF SEC 29-7-10 and COM AT SE COR OF W1/2 OF SW1/4 OF SE1/4 OF SEC 29 W 350 FT N 600.2 FTW 136.2 FT TO POB N 203.6 FT TO S MAR OF PASS RD WLY ALONG RD 133.8 FT S 205.5 FT E 133.8 FT TO POB PART OF SW1/4 OF SE1/4 OF SEC 29-7-10

Remarks & Miscellaneous

Public Remarks: 2 new shopping center buildings located on up and coming area of Pass Rd in Gulfport. Both fully occupied with all leases still in initial term. Estimated annual NOI for 2023 is right at $180,000.00. The two buildings are on two separate parcels, and the sellers are open to selling them separately subject to bank approval of release.

Status Change Info

Sold Price/SqFt: 106.67 Contract Date/Pending Date: 2024-05-23 Closing Date: 2024-07-16

Showing Requirements

Showing: Appointment Required

Auction

Auction: No

Basement Features

Basement: No
Listing Office: Vision Realty Group
Listing Agent: Warren H Dedeaux
Last Updated: November - 22 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.