435-517 E Pass Rd

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435-517 E Pass Rd

Gulfport, MS 39507
Asking Price
$2.10M
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose property totaling 31,317 square feet for sale.
  • Located at 435-517 E Pass Rd in Gulfport, Mississippi.
  • Formerly functioned as a dedicated automotive sales and service facility.
  • Asking price for this commercial asset is $2,100,000.
  • Property dimensions support diverse automotive or industrial adaptive reuse.

What's Special

This special-purpose property spans 31,317 square feet and is situated at 435-517 E Pass Rd in Gulfport, Mississippi. Previously utilized as an automotive dealership, the facility provides substantial floor area suitable for continued vehicle sales, large-scale automotive service operations, or adaptive reuse projects requiring expansive open-concept interior space. The site benefits from its position within the Gulfport market, a key regional hub along the Mississippi Gulf Coast known for its diverse economic base including tourism, manufacturing, and shipping industries. Businesses operating in this corridor gain accessibility to major regional transit routes, facilitating the movement of inventory and clientele throughout the submarket. The layout and zoning history of the property make it a functional choice for entities seeking high-visibility commercial real estate in an established coastal business environment. Interested parties can evaluate the site for specialized retail, industrial service applications, or warehouse conversions aligned with current market needs.

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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85

Location & Travel Times