2318 Pass Road, Biloxi, MS 39531 (MLS# 3327261)
2318 Pass Road, Biloxi, MS 39531
$1,350,000
Property Type:
Commercial Sale
Square Footage:
17,300
Lot Size (sq. ft.):
65,340
Status:
Closed
Current Price:
$1,560,000
List Date:
11/16/2017
Last Modified:
11/19/2024
Overview
Description
10% CAP RATE! (YES it is taking $156,000 NET annually)! 100%. ONLY $90.75 per square foot. Colonial Park has been very well maintained and has very good tenants. Don't miss out on this great investment.
Recently appraised.
ADDITIONAL ATTACHED PARCEL & another large parcel across from that one (both on Moffet Road) are also available upon request. See photos.
Listing Details MLS# 3327261
General Property Information
- Approx Lot Size Acres
- 1.5
- Lot Size Dimensions
- 174 366 175 366
- Approx H/C SqFt
- 17300
- SqFt Source
- Public Records
- List Price/SqFt
- 78.03
- Year Built
- 1999
- Year Built Source
- Owner
- Accessibility Features
- Yes
- Property Sub Type
- Other
Property Features
Possible Use:
Medical/Dental; Office
Lot Features:
Level
Location:
Central Business District; City Street
Levels:
One
Square Footage Description:
Ofc. Bldg 10000-50000 SF
Expenses Include:
Common Area; Electric; Maintenance; Taxes; Trash Removal
Walls - Interior:
Sheetrock
Flooring:
Carpet; Other; See Remarks
Cooling:
Central Air; Electric
Heating:
Central; Electric; Heat Pump
Sewer:
Public Sewer
Water Source:
Public
Foundation Details:
Slab
Listing Terms:
1031 Exchange; Conventional
Additional Transportation:
Airport 3+ Miles; City Street
Price Includes:
Building and Land; Signage
Approx Age Code:
Under 25 Years
Address and Location Information
- Street Number
- 2318
- Street Name
- Pass
- Street Suffix
- Road
- County
- Harrison
- State
- MS
- Zip Code
- 39531
- Parcel Number
- 1110h-01-032.000
- Subdivision
- Metes And Bounds
- Directions to Property
- Colonial Park sits on the North side of Pass Road in Biloxi (across from the Taco Bell), just East of Beavoir Road
- N or S of I-10
- S
- N or S of CSX Railroad Track
- N
Listing Information
- Property Sub Type
- Other
Tax and Financial Information
- Zoning
- General Commercial
- Flood Insurance Required?
- No
- Legal Description
- ''1.5 AC(C) E 175 FT OF LOTS 5, 8 & 9'' BLK 20 BEAUVOIR TRUCK FARM PART OF NE 1/4 OF SE 1/4 OF SEC 27-7-10
Status Change Info
- Contract Date/Pending Date
- 2018-01-24
- Closing Date
- 2018-02-08
- Sold Price/SqFt
- 78.03
More Information
Parking Features
- Parking Total
- 25
Location
- Central Business District
- Yes
- City Street
- Yes
Remarks & Miscellaneous
- Public Remarks
- 10% CAP RATE! (YES it is taking $156,000 NET annually)! 100%. ONLY $90.75 per square foot. Colonial Park has been very well maintained and has very good tenants. Don't miss out on this great investment. Recently appraised. ADDITIONAL ATTACHED PARCEL & another large parcel across from that one (both on Moffet Road) are also available upon request. See photos.
Possible Use
- Medical/Dental
- Yes
- Office
- Yes
Lot Features
- Level
- Yes
Levels
- One
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Conventional
- Yes
Walls - Interior
- Sheetrock
- Yes
Square Footage Description
- Ofc. Bldg 10000-50000 SF
- Yes
Flooring
- Carpet
- Yes
- Other
- Yes
- See Remarks
- Yes
Expenses Include
- Common Area
- Yes
- Electric
- Yes
- Maintenance
- Yes
- Taxes
- Yes
- Trash Removal
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Brick
- Yes
Price Includes
- Building and Land
- Yes
- Signage
- Yes
Additional Transportation
- Airport 3+ Miles
- Yes
- City Street
- Yes
Approx Age Code
- Under 25 Years
- Yes
Listing Office:
Keller Williams
Listing Agent:
Allen A Deal
Last Updated: November - 19 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.