249 Beauvoir Road, Biloxi, MS 39531 (MLS# 4049574)
249 Beauvoir Road, Biloxi, MS 39531
$975,000
Property Type:
Commercial Sale
Square Footage:
9,013
Lot Size (sq. ft.):
42,689
Status:
Closed
Current Price:
$975,000
List Date:
6/06/2023
Last Modified:
2/25/2026
Overview
Description
Here is a great opportunity to invest in a property at a 10% cap rate, over 10% cash on cash return and over 20% internal rate of return based on financing currently available locally. This building has been completely remodeled and being operated as an executive office suites with a great track record for staying leased.
Listing Details MLS# 4049574
General Property Information
- Approx Lot Size Acres
- 0.98
- Lot Size Dimensions
- 115 by 371
- Approx H/C SqFt
- 9013
- Office Square Footage
- 9013
- SqFt Source
- Owner
- List Price/SqFt
- 108.18
- Number of Lots
- Yes
- Year Built
- 1987
- Year Built Source
- Assessor
- Garage Spaces
- 5
- Total Floors
- Yes
- Accessibility Features
- Yes
- Property Sub Type
- Office
- New Construction
- No
- Property Condition
- Updated/Remodeled
Address and Location Information
- Street Number
- 249
- Street Name
- Beauvoir
- Street Suffix
- Road
- County
- Harrison
- State
- MS
- Zip Code
- 39531
- Nearest Cross Street
- Pass Road
- Parcel Number
- 1110h-03-008.000
- Directions to Property
- Between Pass Road and RR tracks on west side of Beauvoir Road. 975 feet south of Pass Road.
- N or S of I-10
- S
- N or S of CSX Railroad Track
- N
Listing Information
- Property Sub Type
- Office
- Listing Service
- Full Service
- Estimated Completion Date
- 2021-03-17
- Never Occupied
- No
Tax and Financial Information
- Tax Annual Amount
- 8767
- Tax Year
- 2022
- Zoning
- Neighborhood Business
- Flood Insurance Required?
- No
- Leasehold Y/N
- No
- Sold In Previous 12 Months
- No
- Association
- No
- Legal Description
- BEG 1644.4 FT W & 120.2 FT N OF SE COR OF SEC 27 ON W MAR OF BEAUVOIR RD N 114.9 FT ALONG RD W 371 FT S 115.7 FT E 370.8 FT TO POB IN SW 1/4 OF SE 1/4 OF SEC 27-7-10
Status Change Info
- Contract Date/Pending Date
- 2023-07-31
- Closing Date
- 2023-09-29
- Sold Price/SqFt
- 108.18
Auction
- Auction
- No
More Information
Showing Requirements
- Showing
- Appointment Required
Basement Features
- Basement
- No
Remarks & Miscellaneous
- Public Remarks
- Here is a great opportunity to invest in a property at a 10% cap rate, over 10% cash on cash return and over 20% internal rate of return based on financing currently available locally. This building has been completely remodeled and being operated as an executive office suites with a great track record for staying leased.
Documents
Property Brochure ›
Listing Office:
Molyneaux Group, LLC
Listing Agent:
Doug J Molyneaux
Last Updated: February - 25 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.