Flex Space with Roll-Up
For Sale
$249,000
11200 Highway 613, Moss Point, MS 39563
Commercial Sale, Moss Point, MS
Property Size3,248 SF
Lot Size0.86 Acres
Price / SF$76.66
Days on Market183
Property Features for 11200 Highway 613
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Agriculture
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Lot features
Corner Lot, Corner Lot
Directions
North of Interstate 10 onto Hwy 613 north on corner of Wildwood and Hwy 613 use to be Cheap Charlies
Standard status
Active
APN
0-17-23-355.050
Size
3,248 SF
Lot size
0.86 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COM SE COR OF SEC 23 N 960.1' N 81 DEG W 453.8' CONT N 81 DEG W 208' N 79 DEG W 47.30' TO POB N 79 DEG W 125' TO E/M HWY 613 N 300' E 125' S 300' TO POB DB 1212-677 DB 1214-81 DB 1240-155 DB 1273-560 (15 MAP666.23)
Tax Annual Amount
2354
Legal Description
COM SE COR OF SEC 23 N 960.1' N 81 DEG W 453.8' CONT N 81 DEG W 208' N 79 DEG W 47.30' TO POB N 79 DEG W 125' TO E/M HWY 613 N 300' E 125' S 300' TO POB DB 1212-677 DB 1214-81 DB 1240-155 DB 1273-560 (15 MAP666.23)
Building Details
Year built
1972
Floors in Building
1
Flooring type
Concrete
Roof type
Asphalt, Metal
Listing Agency:
Coldwell Banker Smith Home Rltrs-Gautier · Coldwell Banker Real Estate
(228) 497-1800
Listed By:
Suzanne C Martin · License #B10053
(228) 324-3331
Added: Mar 2
Changed: Aug 26
Last Checked: Sep 1 at 12:06AM
MLS# 4140988
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.
Investment Insights
Based on property information with market context.
This 3,248-square-foot flex property at 11200 Highway 613 includes an open commercial area, interior storage, a small office, kitchen, and one-half bathroom. A roll-up door supports loading and access, while concrete flooring and asphalt and metal roofing serve the 1972 building. The property also includes a rear storage shed and an ample parking lot.
The 0.86-acre parcel occupies a corner at Highway 613 and Wildwood in Escatawpa, within Moss Point, Mississippi. Three-phase electric service is in place, providing an important infrastructure feature for commercial operations. The site is identified with a 39563 postal code in Jackson County.
The 0.86-acre parcel occupies a corner at Highway 613 and Wildwood in Escatawpa, within Moss Point, Mississippi. Three-phase electric service is in place, providing an important infrastructure feature for commercial operations. The site is identified with a 39563 postal code in Jackson County.
Key Highlights
- 3,248‑square‑foot flex property on a 0.86‑acre parcel
- Corner location at Highway 613 and Wildwood
- Roll‑up door and rear storage shed
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,060
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$421,200
$421.2K
Cap Rate 7%
$300,857
$300.9K
Cap Rate 9%
$234,000
$234.0K
Market Conditions
NOI Build-Up for 3,248 SF
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.
Gross rent
$32.4K $9.96/SF
− Vacancy
−$2.3K −$0.70/SF
EGI
$30.1K $9.26/SF
− OpEx
−$9.0K −$2.78/SF
NOI
$21.1K $6.48/SF
Area
Jackson County, MS
Vacancy
7.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$421,200
Cap Rate 7%
$300,857
Cap Rate 9%
$234,000
Alternative Uses
Best Use
Flex RnD
$594.6K
$520.3K – $693.7K
NOI $41,623 @ 7.0% cap · market cap 16.72%
Second Best
Warehouse
$365.3K
$319.7K – $426.2K
NOI $25,573 @ 7.0% cap · market cap 10.27%
Theoretical Best
Office A
$887.3K
$776.4K – $1.04M
NOI $62,112 @ 7.0% cap · market cap 24.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39563, MS
12,300
Population
5,717
Households
2.2
Avg Household Size
47
Median Age
15%
College-Educated
86%
High-School Grad
19.9 sq mi
ZIP Area
618
Density / Sq Mi
$46,672
Median Household Income
$30,719
Median Earnings
$1,039
Median Rent
$107,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Corner-lot commercial building with three-phase power, parking, storage, and office support.
Where is this flex space located?
The property is located at 11200 Highway 613 Moss Point, MS.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 3,248‑square‑foot flex property on a 0.86‑acre parcel; Corner location at Highway 613 and Wildwood; Roll‑up door and rear storage shed
