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PRICED BELOW DIRT VALUE! 22 WF ACRES 173K SF 185 8th St

173,560 SF Industrial Building Biloxi, MS 39530 $6,475,000 ($37.31/SF)

INVESTMENT HIGHLIGHTS

  • 173,560 SF of Tilt-Up Concrete Construction
  • Located in an Opportunity Zone, Perfect for Redevelopment into a Casino, Hotel, Condominium, or Boat and RV Storage
  • Features a Large Laydown Yard
  • 15+ Megawatts of Power Available
  • Situated on Biloxi Back Bay with Wharfage
  • Potential Rail Access and Spur

EXECUTIVE SUMMARY

SOUTHEAST COMMERCIAL is pleased to offer FOR LEASE OR SALE 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. The finished areas in each structure include commercial carpet flooring, painted sheet rock walls, and suspended acoustical tile ceilings. The warehouse areas also have various overhead doors connecting the spaces within the structures. The building is a high-quality construction and has withstood multiple hurricanes, including Hurricane Katrina in 2005. This property was originally developed by the Heinz Family for use in the manufacturing of dog/cat food and was utilized in this capacity until sometime preceding Hurricane Katrina.

PROPERTY FACTS

Price $6,475,000
Price Per SF $37.31
Sale Type Investment
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

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
  • -
  • Now

SOUTHEAST COMMERCIAL is pleased to offer FOR LEASE OR SALE 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. The finished areas in each structure include commercial carpet flooring, painted sheet rock walls, and suspended acoustical tile ceilings. The warehouse areas also have various overhead doors connecting the spaces within the structures. The building is a high-quality construction and has withstood multiple hurricanes, including Hurricane Katrina in 2005. This property was originally developed by the Heinz Family for use in the manufacturing of dog/cat food and was utilized in this capacity until sometime preceding Hurricane Katrina.

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

1st Floor

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

1st Floor

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

SOUTHEAST COMMERCIAL is pleased to offer FOR LEASE OR SALE 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. The finished areas in each structure include commercial carpet flooring, painted sheet rock walls, and suspended acoustical tile ceilings. The warehouse areas also have various overhead doors connecting the spaces within the structures. The building is a high-quality construction and has withstood multiple hurricanes, including Hurricane Katrina in 2005. This property was originally developed by the Heinz Family for use in the manufacturing of dog/cat food and was utilized in this capacity until sometime preceding Hurricane Katrina.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1510E-01-003.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$351,863

ZONING

Zoning Code WF (Waterfront District)
WF (Waterfront District)
  • Listing ID: 30055664

  • Date on Market: 11/14/2023

  • Last Updated:

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

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