Automotive Service and Warehouse
15237 Russell Boulevard, Gulfport, MS 39503
- Added:
- Dec 12, 2025
- Days on Market:
- 197
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 15237 Russell Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Window features
- Bay Window(s)
- Standard status
- Pending
- APN
- 0809n-03-019.000
- Size
- 4,666 SF
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOTS 15 TO 18 INC BLK 20 MAGNOLIA HWY SEC 21-7-11 LOTS 19 & 22 BLK 20 MAGNOLIA HWY SUBD
- Tax Annual Amount
- 7142
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Metal
Listing agent Sherry L Owen License #B8407 (228) 760-2815
Listing office Owen & Co., LLC 2208 18th Street, Ste B, Gulfport, MS (228) 822-9870
Listing date Dec 12, 2025
MLS# 4133791
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
- Approximately 0.55‑acre commercial property with multiple buildings and a total of 4,666 SF.
- Front metal building includes 3,526 SF with five roll‑up doors, multiple service bays, showroom, office, and a half bath.
- Rear building totals 1,140 SF and is currently leased to Claw Daddy's for existing rental income.
- Vacant lot between the buildings measures approx. 101' x 121', suitable for parking, storage, or future development.
- Front building is available for seller leaseback.
- Utilities include cable available; water is public and sewer is public sewer; roof is metal (Year built: 1984; flooring: concrete).
Overview
This versatile commercial property includes a front metal building designed for service and light industrial use, with five roll-up doors, multiple service bays, a showroom, office space, and a half bath. A rear building totaling 1,140 square feet is currently leased to Claw Daddy's. Between the buildings sits a vacant lot measuring approximately 101' x 121', which can support parking, storage, or other site uses.
Located at 15237 Russell Boulevard in Gulfport, the configuration supports flexible operations across the service building and leased space, with the vacant lot providing additional room to manage vehicles and daily site activity.
The front building’s service-bay layout is well suited for automotive, warehouse, or light industrial users seeking functional space. For investors, the presence of an existing leased rear building provides immediate rental income, while the seller is willing to lease the front building to an operator, supporting continued use of both structures under one ownership. Owner-users can also benefit from the on-site vacancy for parking, storage, or future expansion within the same property footprint.
Located at 15237 Russell Boulevard in Gulfport, the configuration supports flexible operations across the service building and leased space, with the vacant lot providing additional room to manage vehicles and daily site activity.
The front building’s service-bay layout is well suited for automotive, warehouse, or light industrial users seeking functional space. For investors, the presence of an existing leased rear building provides immediate rental income, while the seller is willing to lease the front building to an operator, supporting continued use of both structures under one ownership. Owner-users can also benefit from the on-site vacancy for parking, storage, or future expansion within the same property footprint.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.5k | $15.96 |
| − Vacancy | −$5.1k | −$1.09 |
| EGI | $69.4k | $14.87 |
| − OpEx | −$17.4k | −$3.72 |
| NOI | $52.1k | $11.16 |
4,666 SF · lease $15.96/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$743.6K
$650.7K – $867.6K
NOI $52,054 @ 7.0% cap · market cap 7.46%
Second Best
Retail
$599.4K
$524.5K – $699.3K
NOI $41,960 @ 7.0% cap · market cap 6.01%
Theoretical Best
Healthcare Medical
$751.7K
$657.7K – $877.0K
NOI $52,618 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Tint World
Auto Repair Shop
Similar Places Nearby
- Howard Scott Equipment — 8477 old hwy 49, gulfport, ms 39501
- J. Allen Ford Quick Lane — 9274 US 49, Gulfport, MS 39503
- Butch Oustalet Quick Lane — 9274 US 49, Gulfport, MS 39503
- Ford Service — 9274 US 49 North, Gulfport, MS 39503
- Matt's on the go mechanic — 9145 US 49, Gulfport, MS 39503
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.093723
- Latitude
- 30.414713
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Multi-building automotive facility with roll-up doors, plus an on-site leased retail/restaurant building.
Where is this auto shop located?
The property is located at 15237 Russell Boulevard Gulfport, MS.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: Approximately 0.55‑acre commercial property with multiple buildings and a total of 4,666 SF.; Front metal building includes 3,526 SF with five roll‑up doors, multiple service bays, showroom, office, and a half bath.; Rear building totals 1,140 SF and is currently leased to Claw Daddy's for existing rental income.
