Office Building with Multiple
For Sale
$969,000
10281 Corporate Dr, Gulfport, MS 39503
Configured with private offices, conference rooms, and separate access points for flexible workplace use.
Property Size7,830 SF
Lot Size1.00 Acre
Price / SF$123.75
Days on Market98
Property Features for 10281 Corporate Dr
General Information
Standard status
Active
Size
7,830 SF
Total Parking Spaces
43
Lot size
1.00 Acre
Zoning
I-1
Additional Details
Highway Access
Yes
Amenities
foyer/reception
conference rooms
breakroom
data room
storage room
ADA compliant restrooms
Building Details
Year Built
2007
Buildings
1
Building Size
7,830 SF
Listing Agency:
Coldwell Banker Alfonso Realty-Lorraine Rd
Listed By:
Carl A Larosa · License #S29641
(228) 287-1200
Source:
Fiorellaavenue
Added: Jul 10
Changed: Oct 3
Last Checked: Oct 7 at 3:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Alfonso Realty-Lorraine Rd
Investment Insights
Based on property information with market context.
Built in 2007, this 7,830-square-foot office building provides a substantial workplace layout within a one-acre site. The interior includes 20 individual offices, two conference rooms, a data room, mechanical room, storage room, employee breakroom, and five ADA-compliant restrooms. A foyer and reception area serve the main entrance, while three additional entrances support convenient circulation.
The property includes 43 parking spaces for customers and employees and is located less than one mile from Interstate 10. It is currently occupied, with vacancy scheduled for January 1, 2026. Confirmed showings are conducted during business hours.
The property includes 43 parking spaces for customers and employees and is located less than one mile from Interstate 10. It is currently occupied, with vacancy scheduled for January 1, 2026. Confirmed showings are conducted during business hours.
Key Highlights
- 7,830‑square‑foot office building on a one‑acre site
- 20 individual offices and 2 conference rooms
- Main foyer and reception area plus 3 additional entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,408
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,248,160
$1.2M
Cap Rate 7%
$891,543
$891.5K
Cap Rate 9%
$693,422
$693.4K
Market Conditions
NOI Build-Up for 7,830 SF
Gross rent
$101.5K $12.96/SF
− Vacancy
−$18.3K −$2.33/SF
EGI
$83.2K $10.63/SF
− OpEx
−$20.8K −$2.66/SF
NOI
$62.4K $7.97/SF
Area
Harrison County, MS
Vacancy
18.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,248,160
Cap Rate 7%
$891,543
Cap Rate 9%
$693,422
Alternative Uses
Best Use
Office B
$891.5K
$780.1K – $1.04M
NOI $62,408 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.26M
$1.10M – $1.47M
NOI $88,299 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Configured with private offices, conference rooms, and separate access points for flexible workplace use.
Where is this office building located?
The property is located at 10281 Corporate Dr Gulfport, MS.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: 7,830‑square‑foot office building on a one‑acre site; 20 individual offices and 2 conference rooms; Main foyer and reception area plus 3 additional entrances
