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Listing Details

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School Ratings & Info

Description

All Investors, this is one of the best Income producing properties on MS Gulf Coast. Conveniently located not even a mile North of I-10 in Woolmarket area, an hour from New Orleans. La and 40 minutes from Mobile, Al. It consists of the fully leased office building, warehouse (leased by lab) and second warehouse with the yard ( leased by construction company). The buildings are in perfect condition. There are few units available to lease, at the current time its at owners possession. Cap Rate 7% . Invest in the fastest growing area on the Gulf Coast.

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Terms & Conditions.

© 2021 Mississippi Gulf Coast Multiple Listing Service, Inc. Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by the Mississippi Gulf Coast Multiple Listing Service, Inc. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Mississippi Gulf Coast Multiple Listing Service, Inc. All properties are subject to prior sale, change or withdrawal. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless.
www.biloxicoastalhomes.com/homes/120654279
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12450 Shortcut Rd Biloxi, MS 39532

  • Price: $1,395,000
  • Status: Active
  • Updated: 131 min ago
  • MLS #: 379234
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Beds
0
Baths
0
½ Baths
1.53
Acres
12,150
SQFT
$115
$/SQFT
Neighborhood:
Non-Subdivision
County:
Harrison
Area:
Biloxi
Property Description
All Investors, this is one of the best Income producing properties on MS Gulf Coast. Conveniently located not even a mile North of I-10 in Woolmarket area, an hour from New Orleans. La and 40 minutes from Mobile, Al. It consists of the fully leased office building, warehouse (leased by lab) and second warehouse with the yard ( leased by construction company). The buildings are in perfect condition. There are few units available to lease, at the current time its at owners possession. Cap Rate 7% . Invest in the fastest growing area on the Gulf Coast.
Exterior Features

Access Transportation Airport 1-2 Miles Exterior BlockSteel Siding Foundation Slab/Heavy Duty Lot Size Dimensions See Tax Record Parking 25+ Spaces Topography Level

Interior Features

Cooling System Central Electric Flooring Asbestos/VinylCarpet Over Wood Heating Fuel Electric Heating System Cent/Elec Furnace Levels 1 1/2 Story Restrooms 7 Total Square Footage 14500.00

Property Features

Acceptable Financing Conventional Age Under 25 Years Age Or Year Built 2000 Annual Expenses 9840 Annual Gross Income 123000 Annual Net Income 95802 Expenses Include Common Area MaintenanceInsuranceTaxesWater/Sewer Miscellaneous 220 VoltsEmployee RestroomsFire Detectors Possession At Closing Possible Uses Gaming LocationIndustrialProfessional/OfficeWarehouse Potential Short Sale No Sale Includes Building And Land Sale Options Under Lease Sewer City Sewer Sq Ft Source Seller Third Party Or Bank Owned No Water City Water Zoning General Commercial

Listing courtesy of Anna Kral of Keller Williams.
© 2021 Mississippi Gulf Coast Multiple Listing Service, Inc.
Terms & Conditions.

© 2021 Mississippi Gulf Coast Multiple Listing Service, Inc. Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by the Mississippi Gulf Coast Multiple Listing Service, Inc. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Mississippi Gulf Coast Multiple Listing Service, Inc. All properties are subject to prior sale, change or withdrawal. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless.
 
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Century 21 J. Carter and Associates
2408 14th St
Gulfport MS, 39501