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185 8th St 173,560 SF Industrial Building Biloxi, MS 39530 $5,950,000 ($34.28/SF)

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INVESTMENT HIGHLIGHTS

  • Potential rail access and spur along with 15+ megawatts of power available
  • Situated on Biloxi Back Bay with Wharfage and features a Large Laydown Yard
  • Located in an Opportunity Zone, perfect for redevelopment into a casino, hotel, condominium, or boat and RV storage
  • Available for sale and for lease providing flexibility for interested parties

EXECUTIVE SUMMARY

Having recently undergone a significant price adjustment, 185 8th St, Biloxi, MS is for sale and for lease. A 22 acre waterfront site with improvements of a 173,560 square foot tilt-up concrete and concrete block-constructed warehouse. The subject property has been improved with a large warehouse structure and is effectively constructed in four segments, all of which were built in the mid-1970's. All of the structures are constructed with reinforced concrete Pyle driven slab foundations and concrete interior walls, floors, and roof. The first two segments are tilt-wall concrete construction with a built-up metal roofing system and 28' eave heights. The first segment (space two on the aerial) includes four 10' x 12' overhead doors and the second segment (space three on the aerial) includes two 10' x 12' overhead doors. These structures contain approximately 59,280 square feet each and each include a break room and two restrooms. The third segment (space four on the aerial) measures approximately 31,000 square feet and is similar in construction to the first two segments, also having 28' eave heights. This segment also features four 10' x 12' overhead doors as well as a break room and two restrooms. The fourth segment (space one on the aerial) is also similar in construction, but contains approximately 20,000 square feet and has 45' eave heights. It also has four 10' x 12' overhead doors, a break room, and two restrooms.

ATTACHMENTS

Listing brochure

PROPERTY FACTS

Price $5,950,000
Price Per SF $34.28
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 22.00 AC
Rentable Building Area 173,560 SF
No. Stories 1
Year Built 1973
Tenancy Single
Clear Ceiling Height 28’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning WF - Waterfront District

AMENITIES

  • Fenced Lot
  • Waterfront
  • Storage Space

UTILITIES

  • Lighting
  • Water - City
  • Sewer - City
  • Heating - Electric

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 173,560 SF
  • Industrial
  • Full Build-Out
  • Now

The first two segments are tilt-wall concrete construction with a built-up metal roofing system and 28' eave heights. The first segment (space two on the aerial) includes four 10' x 12' overhead doors and the second segment (space three on the aerial) includes two 10' x 12' overhead doors. These structures contain approximately 59,280 square feet each and each include a break room and two restrooms. The third segment (space four on the aerial) measures approximately 31,000 square feet and is similar in construction to the first two segments, also having 28' eave heights. This segment also features four 10' x 12' overhead doors as well as a break room and two restrooms. The fourth segment (space one on the aerial) is also similar in construction, but contains approximately 20,000 square feet and has 45' eave heights. It also has four 10' x 12' overhead doors, a break room, and two restrooms.

Space Size Space Use Condition Available
1st Floor 173,560 SF Industrial Full Build-Out Now

1st Floor

Size
173,560 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 173,560 SF
Space Use Industrial
Condition Full Build-Out
Available Now

The first two segments are tilt-wall concrete construction with a built-up metal roofing system and 28' eave heights. The first segment (space two on the aerial) includes four 10' x 12' overhead doors and the second segment (space three on the aerial) includes two 10' x 12' overhead doors. These structures contain approximately 59,280 square feet each and each include a break room and two restrooms. The third segment (space four on the aerial) measures approximately 31,000 square feet and is similar in construction to the first two segments, also having 28' eave heights. This segment also features four 10' x 12' overhead doors as well as a break room and two restrooms. The fourth segment (space one on the aerial) is also similar in construction, but contains approximately 20,000 square feet and has 45' eave heights. It also has four 10' x 12' overhead doors, a break room, and two restrooms.

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Memphis
650,618
375
7 h 19 m
Atlanta
498,044
383
7 h 15 m
Houston
2,325,502
410
7 h 51 m
Jacksonville
903,889
464
8 h 38 m
Nashville
669,053
501
9 h 15 m
Dallas
1,345,047
569
10 h 19 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
133,432
Total Labor Force
67,116
Unemployment Rate
2.70%
Median Household Income
$59,821
Warehouse Employees
7,633
High School Education Or Higher
91.50%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1510E-01-003.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$357,002
  • Listing ID: 30055664

  • Date on Market: 11/14/2023

  • Last Updated:

  • Address: 185 8th St, Biloxi, MS 39530

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