Brick Medical Office
4509 Hospital Road Pascagoula, MS 39581
4509 Hospital Road, Pascagoula, MS, 39581
$639,000
For Sale
$639,000
COMMERCIAL - Pascagoula, MS
Property Size4,713 SF
Lot Size0.35 Acres
Price / SF$135.58
Days on Market219
Property Features for 4509 Hospital Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Off Street
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 4-04-01-210.100
- Size
- 4,713 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- COM NEC CL SEC 1 S 792' S 63* W 1515.20' S 457.47' TO POB ON W/MHOSPITAL ST S 68.5' S 89 DEG W 220.37' N 68.5' N 89 DEG E 220.37' TO POB DB 1614-881 (149 MAP861.01-01)
- Tax Annual Amount
- 6245
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Flooring type
- Combination, Carpet, Tile
- Roof type
- Asphalt
Listing Agency
Coldwell Banker Alfonso Realty-Lorraine Rd
(228) 287-1000
9153 Lorraine Rd, Gulfport, MS
Listed by
Carl A Larosa · License #S29641
(228) 669-4018
Added: Dec 10, 2025 Checked: Jul 17 at 2:06 pm
MLS# 4133539
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 brick and stucco medical office building is designed for patient and staff use, with durable tile flooring in high-traffic common areas and professional carpeting in the offices. The layout includes eight spacious offices, separate male and female restrooms, and in-place building security. Mechanical and life-safety features include two heating/cooling units with a splitter unit, a sprinkler system, and a building and wooden sign plus mailbox.
The property is located at 4509 Hospital Road in Pascagoula, directly adjacent to Singing River Hospital. It provides 21 dedicated parking spaces, including one handicapped-designated space, and is reported to be positioned where 7,900 cars pass daily per MDOT.
Additional internal amenities include a training room, an employee break room with a refrigerator, and a secure computer/IT room. The listing is presented for sale, with buyers and agents advised to verify all information provided.
The property is located at 4509 Hospital Road in Pascagoula, directly adjacent to Singing River Hospital. It provides 21 dedicated parking spaces, including one handicapped-designated space, and is reported to be positioned where 7,900 cars pass daily per MDOT.
Additional internal amenities include a training room, an employee break room with a refrigerator, and a secure computer/IT room. The listing is presented for sale, with buyers and agents advised to verify all information provided.
Key Highlights
- Premier professional office built in 2004 with brick and stucco exterior plus gutters and downspouts
- 21 dedicated off‑street parking spots, including 1 handicapped‑designated space
- 8 office rooms with carpeted office areas and tile flooring in high‑traffic common areas
Local Financial Insights For Healthcare Medical
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 | $100.7k | $21.36 |
| − Vacancy | −$7.8k | −$1.64 |
| EGI | $92.9k | $19.72 |
| − OpEx | −$37.2k | −$7.89 |
| NOI | $55.8k | $11.83 |
4,713 SF · lease $21.36/SF/yr · vacancy 7.70% · expense 40.00%
Alternative Uses
Best Use
Office B
$957.9K
$838.2K – $1.12M
NOI $67,053 @ 7.0% cap · market cap 10.49%
Second Best
Healthcare Medical
$796.4K
$696.9K – $929.2K
NOI $55,751 @ 7.0% cap · market cap 8.72%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,128 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Brick and stucco office building with 21 dedicated parking spaces and separate male and female restrooms.
Where is this medical office space located?
The property is located at 4509 Hospital Road Pascagoula, MS.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Premier professional office built in 2004 with brick and stucco exterior plus gutters and downspouts; 21 dedicated off‑street parking spots, including 1 handicapped‑designated space; 8 office rooms with carpeted office areas and tile flooring in high‑traffic common areas
