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
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.
More Information MLS# 3327261
Address and Location Information
Parcel Number: 1110h-01-032.000
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
Street Number: 2318
Street Name: Pass
Street Suffix: Road
County: Harrison
State: MS
Zip Code: 39531
Subdivision: Metes And Bounds
Location
Central Business District: 1
City Street: 1
General Property Information
Property Sub Type: Other
Approx Lot Size Acres: 1.5
Lot Size Dimensions: 174 366 175 366
SqFt Source: Public Records
List Price/SqFt: 78.03
Year Built Source: Owner
Accessibility Features: Yes
Approx H/C SqFt: 17300
Year Built: 1999
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
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.
Status Change Info
Sold Price/SqFt: 78.03
Contract Date/Pending Date: 2018-01-24
Closing Date: 2018-02-08
Possible Use
Medical/Dental: 1
Office: 1
Lot Features
Level: 1
Levels
One: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Conventional: 1
Walls - Interior
Sheetrock: 1
Square Footage Description
Ofc. Bldg 10000-50000 SF: 1
Flooring
Carpet: 1
Other: 1
See Remarks: 1
Expenses Include
Common Area: 1
Electric: 1
Maintenance: 1
Taxes: 1
Trash Removal: 1
Cooling
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick: 1
Parking Features
Parking Total: 25
Price Includes
Building and Land: 1
Signage: 1
Additional Transportation
Airport 3+ Miles: 1
City Street: 1
Approx Age Code
Under 25 Years: 1
Listing Information
Status: Closed
List Date: 2017-11-14
List Price: $1,560,000
Current Price: $1,350,000
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
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.