Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    D'Iberville Warehouse with Highway Visibility Title is generated by Realmo AI

    10483 Boney Avenue, Diberville, MS 39540

    View on Map
    Claim this Listing
    For Sale
    $399,000

    COMMERCIAL - D'Iberville, MS

    Property size:
    4,824 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $82/SF
    Added:
    Apr 2, 2026
    Days on Market:
    51
    Last Refresh:
    May 22 at 4:06 pm

    Property Features for 10483 Boney Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1409d-04-005.000
    Size
    4,824 SF
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    MARSBY JUMONVILLE & MARGARET JUMONV ILLE JOINT REVOCABLE LIVING TRUST-B CERT OF TRUST 2011-2889-D-J2 LOTS 7 & 8 DIAZ-WILLIAMS SUBD. SEC 22-7-9
    Tax Annual Amount
    2205

    Building Details

    Year built
    1992

    We can help!

    Listing Contact
    Sarah Rider

    Listing agent Sarah Rider License #S26395

    Listing office Century 21 Busch Realty Group 922 Porter Ave Units 101-108, Gulfport, MS

    Listing date Apr 2, 2026

    MLS# 4144563

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 4824 s.f. metal framed warehouse building.
    • Located in the heart of D'Iberville with easy access to the interstate and visibility from Highway 110.
    • Building is split into 3 warehouse spaces, each with metal doors and a restroom.
    • Includes a small office in the first section.
    • Features roll‑up doors of varying heights (12 ft and 14 ft) to accommodate different equipment sizes.
    • Poured driveway along the entire length of the building with an adjacent open lot for additional parking or storage.

    Overview

    This is a 4824 square foot metal-framed warehouse building. The building is divided into three warehouse spaces, each featuring metal doors. The first section includes a small office and a 12-foot roll-up door. The second section can be opened to the first to create a larger area and also has a 12-foot roll-up door. The third section, an addition, is taller and equipped with a 14-foot roll-up door suitable for larger equipment. The interior features open metal framing with metal panel walls or Celotex insulation and concrete flooring throughout. Each unit has a restroom with a toilet and sink. A poured driveway extends the entire length of the building, with an open lot adjacent to the building for additional parking or storage. The property has visibility from Highway 110 and is located in the heart of D'Iberville, providing easy access to the interstate. The property is currently used by the owners as warehouse storage.

    Financial Insights

    Value Estimation Calculated for Warehouse

    Conservative
    $362.9K
    NOI $32,664 @ 9.00% cap · cautious / downside scenario
    Moderate
    $466.6K
    NOI $32,664 @ 7.00% cap · market / base-case scenario
    Aggressive
    $653.3K
    NOI $32,664 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Warehouse

    Component $ $/SF
    Gross rent $41.7k $8.64
    − Vacancy −$3.3k −$0.67
    EGI $38.4k $7.97
    − OpEx −$5.8k −$1.19
    NOI $32.7k $6.77
    4,824 SF · lease $8.64/SF/yr · vacancy 7.80% · expense 15.00%

    Alternative Use Scenarios

    Best Use
    Warehouse
    $466.6K
    $408.3K – $544.4K (±1% cap)
    NOI $32,664 @ 7.0% cap · market cap 8.19%
    Second Best
    Industrial
    $344.3K
    $301.3K – $401.7K (±1% cap)
    NOI $24,100 @ 7.0% cap · market cap 6.04%
    Theoretical Best
    Healthcare Medical
    $777.1K
    $680.0K – $906.7K (±1% cap)
    NOI $54,400 @ 7.0% cap · market cap 13.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Chris Mini Storage — 10288 Gorenflo Rd, D'Iberville, MS 39540
    • D'Iberville Lock Storage — 10277 Rodriguez St, D'Iberville, MS 39540
    • Storage City of D'lberville — 10328 Lemoyne Blvd, D'Iberville, MS 39540
    • Extra Space Storage — 4059 Ginger Dr, D'Iberville, MS 39540
    • KO Storage — 10370 Lemoyne Blvd, D'Iberville, MS 39540

    Location Insight

    • Map
    • Local Demand
    City
    Diberville
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.895739
    Latitude
    30.43993

    Nearby Similar for Sale

    • $648,000
      3,650 SF

      D'Iberville Daycare Facility For Sale

      Existing daycare facility on high-traffic road, strong visibility, easy access.
      4247 Popp's Ferry Road, D'Iberville, MS 39540
      View Details
    • $889,990

      Waterfront Property in D'Iberville, MS

      Prime waterfront property near marina, casino, and interstate.
      117 Bay Shore Drive, D'Iberville, MS 39540
      View Details
    • $400,000

      Car Wash Business Opportunity

      Car wash business with potential for growth and modernization.
      10497 Diberville Blvd, D'Iberville, MS, 39540-2401
      View Details
    • $426,000
      3,549 SF

      Versatile Commercial Property in D'Iberville

      High-visibility commercial property with warehouse, home, and cottage.
      3222 Toncrey Road, D'Iberville, MS 39540
      View Details
    • $399,000
      1,920 SF

      Versatile Commercial Property with Updates

      Mixed-use property with commercial zoning and recent updates.
      10954 Old Hwy 67, D'Iberville, MS 39540
      View Details
    • $950,000
      9,294 SF

      D'Iberville Income Producing Property

      Two buildings totaling 9,294 SF on 0.63 acres.
      10536 Auto Mall Pkwy, Diberville, MS
      View Details
    • $399,000
      1,920 SF

      D'Iberville Commercial Property For Sale

      Commercial property in D'Iberville, MS, with multiple potential uses.
      10954 Old Hwy 67, D'Iberville, MS 39540
      View Details
    • $16,818,000
      91,867 SF

      Retail

      11516 Lamey Brg Rd, D'Iberville, MS 39540
      View Details
    • $950,000
      9,792 SF

      D'Iberville Income Producing Property

      Two buildings on 0.63 acres with commercial zoning.
      10536 Auto Mall Pkwy, D'Iberville, MS 39540
      View Details
    • $390,000

      Versatile D'Iberville Workshop with Apartment

      Unique property with workshop, apartment, and income potential.
      10281 3rd Ave, D'Iberville, MS, 39540-2524
      View Details
    • $10,204,065
      70,258 SF

      Retail Property For Sale

      Retail property available for sale.
      12075 Lamey Brg Rd, D'Iberville, MS 39540
      View Details
    • $450,000
      4,824 SF

      D'Iberville Warehouse with Highway Visibility

      4824 SF warehouse in growing D'Iberville district.
      10483 Boney Avenue, D'Iberville, MS 39540
      View Details

    FAQs

    What type of property is this?
    Warehouse - Large warehouse in D'Iberville with easy interstate access.
    Where is this warehouse located?
    The property is located at 10483 Boney Avenue Diberville, MS.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Large 4824 s.f. metal framed warehouse building.; Located in the heart of D'Iberville with easy access to the interstate and visibility from Highway 110.; Building is split into 3 warehouse spaces, each with metal doors and a restroom.
    (228) 861-6997
    We can help!
    Listing Contact
    Sarah Rider
    Real Estate License ID: S26395
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10483 Boney Avenue, D'Iberville, MS 39540
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!