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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: $1,350,000 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
Listing Office: Keller Williams
Listing Agent: Allen A Deal
Source MLS Verified
Last Updated: November - 19 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.