2030 Pass Road, Biloxi, MS 39531

2030 Pass Road offers nearly 10,000 SF of versatile office/retail space in a prime Biloxi location, priced below replacement cost, and loaded with value-add potential. This one-story building sits on 0.69 acres with excellent visibility and access along Pass Road. The property is currently divided into three suites: Suite A (4,040 SF): Occupied by an engineering firm; renovated in 2006-2007. Suite B (1,554 SF): Currently unfinished, offering a blank canvas for a new tenant buildout. Suites C & D (4,400 SF combined): Operating as a daycare; renovated in 2010. The property generates $78,000 annual gross income as-is, with NOI of $58,200. For investors seeking a forced appreciation play, bringing all suites to $10/SF and converting to NNN terms would drive NOI near $100,000 annually, creating a 14.5% cap rate at current asking price. Property Highlights: 9,994 SF total on 0.69 acres $78,000 gross income; $58,200 NOI as-is Value-add upside: lease Suite B and restructure to NNN Parking: 10 spaces front, 23 spaces rear Roofs replaced 7-15 years ago; HVAC units range from 1-15 years old High-traffic Pass Road location with excellent visibility Offered at $689,000 ($69/SF) — The seller is motivated and will consider all offers.