- $1.5M Price
- 5 Baths
- 14,500 Sqft
- 1.3 Acres
12450 Shortcut Road
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.
Essential Information
- MLS® #4079645
- Price$1,455,000
- Bathrooms5.00
- Square Footage14,500
- Acres1.30
- Year Built1997
- TypeCommercial Sale
- Sub-TypeOffice
- StatusActive
Community Information
- Address12450 Shortcut Road
- SubdivisionMetes And Bounds
- CityBiloxi
- CountyHarrison
- StateMS
- Zip Code39532
Amenities
- ParkingParking Lot, Paved
Interior
- InteriorOther, Sheetrock
- HeatingCentral, Electric
- CoolingCentral Air, Electric
Additional Information
- Listing AgentHolly J Gibbs
Listing Office
Berkshire Hathaway HomeServices Preferred Properties
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