Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8930 Lorraine Rd, Unit B Gulfport, MS 39503

    Sponsored
    For Lease
    $2,980 /Mo ($22 SF/Yr)

    COMMERCIAL - Gulfport, MS

    Type:Retail
    Property size:
    1,562 SF
    Lot size:
    1.10 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 26 at 12:06 pm

    Property Features for 8930 Lorraine Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Window features
    ENERGY STAR Qualified WIndows
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    1
    APN
    1010d-01-001.008
    Size
    1,562 SF
    Lot size
    1.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2014
    Floors in Building
    1
    Flooring type
    Concrete

    We can help!

    Listing Contact
    Jonathan Marshall
    Jonathan Marshall

    CENTURY 21 Busch Realty Group (228) 324-1715

    Listing agent Jonathan Marshall (228) 324-1715 License #S48818

    Listing date Jan 5, 2026

    MLS# 4126547

    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.

    Learn more

    Property Insight Report

    Overview

    Gulfport Retail/Office Space Available

    This commercial space in Gulfport, MS, is available for lease. The property, suitable for retail, office, or service-based businesses, features an open floor plan. It includes two private dressing rooms, ideal for boutiques, salons, or specialty shops, along with two half bathrooms. A dedicated back-of-house area and storage space are also present. Ample on-site parking is available for both customers and staff. The property is located 'on the island' and benefits from high visibility and traffic flow from Cowan Lorraine Road. The property size is 1562 square feet and it sits on a 1.1-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Pecan House Candy Store The Fringe 228 Boutique Gregory Ricks & Associates ... Financial Planner Allure Nail Spa ... Nail Salon White Willow Boutique

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.027296
    Latitude
    30.410857

    Nearby Similar for Lease

    • $750 /Mo
      1,650 SF

      Gulfport Office Space For Lease

      Office space for lease with utilities included and private entrance.
      706 E Pass Rd, Gulfport, MS 39507
      View Details
    • $500 /Mo
      1,650 SF

      Gulfport Office Space For Rent

      Office space for rent with utilities included in Gulfport.
      706 E Pass Rd, Gulfport, MS 39507
      View Details
    • $500 /Mo
      1,650 SF

      Gulfport Office Space For Rent

      Office space for rent with utilities included in Gulfport.
      706 E Pass Rd, Gulfport, MS 39507
      View Details
    • $8,000 /Mo
      9,936 SF

      Gulfport Commercial Property for Lease

      Versatile commercial property with office and warehouse space for lease.
      14321 Creosote Rd, Gulfport, MS 39503
      View Details
    • $650 /Mo
      109,665 SF

      New Office Space in Gulfport

      Modern office building with shared amenities and excellent location.
      13334 Seaway Rd, Gulfport, MS 39503
      View Details
    • $2,300 /Mo
      1,560 SF

      Gulfport Commercial Space For Rent

      Commercial space with excellent visibility and flexible layout in Gulfport.
      507 Pass Rd, Gulfport, MS 39507
      View Details
    • $3,600 /Mo
      2,157 SF

      Historic Downtown Gulfport Restaurant Space

      Restaurant space in historic downtown Gulfport with high visibility.
      1423 25Th Ave, Gulfport, MS 39501
      View Details
    • $1,025 /Mo
      1,300 SF

      Gulfport Office Space For Rent

      Office space with reception area available for rent in Gulfport.
      450 E Pass Rd, Gulfport, MS 39507
      View Details
    • $28 SF/Yr
      2,950 SF

      Retail Space in Gulfport Center

      Retail space available for lease in Gulfport, MS.
      15230 W Creosote Rd, Gulfport, MS 39503
      View Details
    • $900 /Mo
      900 SF

      Gulfport Commercial Space For Rent

      Commercial space in a desirable Gulfport location, near the coast.
      318 Courthouse Rd, Gulfport, MS 39507
      View Details
    • $1,400 /Mo
      1,400 SF

      Gulfport Commercial Space For Rent

      Prime commercial space near Mississippi Gulf Coast, suitable for offices/retail.
      326 Courthouse Rd, Gulfport, MS 39507
      View Details
    • $1,000 /Mo
      1,012 SF

      Gulfport Commercial Space For Rent

      Commercial space in a desirable Gulfport location, near the coast.
      324 Courthouse Rd, Gulfport, MS 39507
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail or office space with high visibility and traffic.
    Where is this retail space located?
    The property is located at 8930 Lorraine Rd, Unit B Gulfport, MS.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Prime location "on the island" with high visibility and traffic flow.; - Wide open floor plan suitable for retail, office, or service businesses.; - Ample on-site parking for customers and staff.
    (228) 697-7104
    Request Owner's contact information
    8930 Lorraine Rd, Unit B Gulfport, MS 39503
    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.
    8930 Lorraine Rd, Unit B
    Gulfport, MS 39503
    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
    8930 Lorraine Rd, Unit B Gulfport, MS 39503
    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

    We can help!
    Listing Contact
    Jonathan Marshall
    Jonathan Marshall
    Real Estate License ID: S48818
    (228) 697-7104
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.