Updated Day Care
For Sale
$795,000
11376 Three Rivers Road, Gulfport, MS 39503
Commercial Sale, Gulfport, MS
Property Size5,040 SF
Lot Size0.53 Acres
Price / SF$157.74
Days on Market22
Property Features for 11376 Three Rivers Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B2
Bathrooms
2
Half bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Lot features
City Lot, Fenced, City Lot, Fenced
Standard status
Active
APN
0808i-01-005.000
Size
5,040 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ALL THAT PART OF LOT 1 THAT LIES E OF THREE RIVERS RD & ALSO THE W 15 FT OF 5TH ST ADJ. TO E SIDE OF LOT 1 NOW VACATED AS PER FINAL DECREE #80,809 BLK 10 PECAN GROVE TRUCK FARMS RESURVEY SEC. 10-7-11
Tax Annual Amount
4229
Legal Description
ALL THAT PART OF LOT 1 THAT LIES E OF THREE RIVERS RD & ALSO THE W 15 FT OF 5TH ST ADJ. TO E SIDE OF LOT 1 NOW VACATED AS PER FINAL DECREE #80,809 BLK 10 PECAN GROVE TRUCK FARMS RESURVEY SEC. 10-7-11
Amenities
commercial kitchen
Building Details
Year built
2001
Floors in Building
1
Flooring type
Tile
Roof type
Metal
Listing Agency:
Owen & Co., LLC
(228) 822-9870
Listed By:
Tiffany J Dymond · License #B22656
(228) 669-1767
Added: Aug 4
Changed: Aug 23
Last Checked: Aug 25 at 5:06AM
MLS# 4158058
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 5,040-square-foot day care center at 11376 Three Rivers Road in Gulfport occupies a 0.53-acre lot. The building has been updated and includes a commercial kitchen, tile flooring, a metal roof, and three bathrooms. Built in 2001, the facility currently operates as a daycare.
The seller will also consider selling the daycare business with the real estate. The property is located in Gulfport, Mississippi, within Harrison County and the 39503 ZIP code.
The seller will also consider selling the daycare business with the real estate. The property is located in Gulfport, Mississippi, within Harrison County and the 39503 ZIP code.
Key Highlights
- 5,040‑square‑foot day care center
- 0.53‑acre lot at 11376 Three Rivers Road, Gulfport, MS 39503
- Commercial kitchen included
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
$56,226
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
7.07%
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%
$1,124,520
$1.1M
Cap Rate 7%
$803,229
$803.2K
Cap Rate 9%
$624,733
$624.7K
Market Conditions
NOI Build-Up for 5,040 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
$80.4K $15.96/SF
− Vacancy
−$5.5K −$1.09/SF
EGI
$75.0K $14.87/SF
− OpEx
−$18.7K −$3.72/SF
NOI
$56.2K $11.16/SF
Area
Harrison County, MS
Vacancy
6.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
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%
$1,124,520
Cap Rate 7%
$803,229
Cap Rate 9%
$624,733
Alternative Uses
Best Use
Specialty Retail
$803.2K
$702.8K – $937.1K
NOI $56,226 @ 7.0% cap · market cap 7.07%
Second Best
Industrial
$359.7K
$314.7K – $419.7K
NOI $25,179 @ 7.0% cap · market cap 3.17%
Theoretical Best
Healthcare Medical
$811.9K
$710.5K – $947.3K
NOI $56,836 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 96%
Home Improvements & Furnishings 4%
Circle K
Shops & Services
18,703 visits/mo
0.2 miles
Storage King USA
Shops & Services
2,931 visits/mo
0.2 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
918 visits/mo
0.4 miles
Demographics for 39503, MS
53,643
Population
22,533
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
92%
High-School Grad
114.3 sq mi
ZIP Area
469
Density / Sq Mi
$61,298
Median Household Income
$36,241
Median Earnings
$1,087
Median Rent
$193,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Wee Ones Childcare and Preschool — 11376 Three Rivers Rd, Gulfport, MS 39503
Frequently Asked Questions
What type of property is this?
Day care center - The property includes a commercial kitchen, tile flooring, and three bathrooms.
Where is this day care center located?
The property is located at 11376 Three Rivers Road Gulfport, MS.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 5,040‑square‑foot day care center; 0.53‑acre lot at 11376 Three Rivers Road, Gulfport, MS 39503; Commercial kitchen included
