$1,455,000

12450 Shortcut Road, Biloxi, MS 39532, US

Summary

Three Quarter Baths: 5
Style: Office
Sq Ft: 14500.00
Year Built: 1997

Moving Quotes

primary photo for 12450 Shortcut Road, Biloxi, MS 39532, US

Remarks

Located in the rapidly developing area of Woolmarket, this impressive commercial property comprises three buildings with a total of 10 leases and a spacious laydown yard. Currently, the complex is fully occupied with long-term leases in place, providing a stable income stream for potential investors. The surrounding area is experiencing substantial growth, with new infrastructure developments, a forthcoming medical complex set to open in 2025, and a thriving mix of restaurants and commercial enterprises. With a current CAP rate of 9% and ample opportunity for rent escalation, this property presents a compelling investment opportunity. Don't miss the chance to explore this prime commercial asset - schedule a tour today to witness its potential firsthand.

Details

MLS#: 4079645
Price: $1,455,000

Style: Office
Three Quarter Baths: 5
Sq Ft: 14500.00
Year Built: 1997

County: Harrison
Tax Fee: 9348.00

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Broker Contact


Berkshire Hathaway HomeServices Preferred Properties
238 Courthouse RoadSte B, Gulfport, MS 39507
Gulfport, MS, 39507
US
Stephanie Shaw
! (228) 896-6060
! BrokerGibbs@gmail.com

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by MLS United
Last updated: 2024-08-23T23:48:47.000-04:00.
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