Office Building with Multiple
For Sale
$969,000
10281 Corporate Drive, Gulfport, MS 39503
Commercial Sale, Gulfport, MS
Property Size7,830 SF
Lot Size1.00 Acre
Price / SF$123.75
Days on Market337
Property Features for 10281 Corporate Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Industrial
Bathrooms
3
Half bathrooms
5
Rooms
Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 2
Parking features
Parking Lot, Off Street
Exterior features
Rain Gutters
Accessibility
Accessible Approach with Ramp
Subdivision
Intraplex 10
Lot features
Landscaped, City Lot, Rectangular Lot, Landscaped, City Lot, Rectangular Lot
Standard status
Active
APN
0909a-01-001.049
Size
7,830 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2024
Tax Description
1 AC BEG AT INTER OF SE COR LOT 6 INTRAPLEX 10 PHASE II & W MAR OF CORPORATE DR S 82 DG W 334.2 FT N 140.9 FT N 84 DG E 318.8 FT TO CORPORATE DR SLY ALONG RD 127.5 FT TO POB BEING PART OF LOT 6 OF INTRAPLEX 10 PHASE II
Tax Annual Amount
8604
Legal Description
1 AC BEG AT INTER OF SE COR LOT 6 INTRAPLEX 10 PHASE II & W MAR OF CORPORATE DR S 82 DG W 334.2 FT N 140.9 FT N 84 DG E 318.8 FT TO CORPORATE DR SLY ALONG RD 127.5 FT TO POB BEING PART OF LOT 6 OF INTRAPLEX 10 PHASE II
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2007
Floors in Building
1
Flooring type
Combination, Tile, Carpet
Roof type
Metal
Listing Agency:
Coldwell Banker Alfonso Realty-Lorraine Rd · Coldwell Banker Real Estate
(228) 287-1000
Listed By:
Carl A Larosa · License #S29641
(228) 669-4018
Added: Nov 12, 2025
Changed: Oct 8
Last Checked: Oct 15 at 9:06AM
MLS# 4131308
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.
At 10281 Corporate Drive in Gulfport, this 7,830-square-foot office building was constructed in 2007 and sits on 1 acre. The entry opens to a foyer and reception area, with three additional building entrances. The interior includes 20 offices, two conference rooms, a data room, mechanical room, storage room, employee breakroom, and five ADA-compliant restrooms. The property has I-1 (Planned Industrial District) zoning and is currently occupied, with vacancy planned for January 1, 2026.
The property is less than a mile from Interstate 10. A parking lot provides 43 spaces for customers and employees.
The property is less than a mile from Interstate 10. A parking lot provides 43 spaces for customers and employees.
Key Highlights
- 7,830‑square‑foot office building on 1 acre
- 20 individual offices and 2 conference rooms
- Includes a data room, mechanical room, storage room, and employee breakroom
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
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - I-1 zoning places this office property within a planned industrial district.
Where is this office building located?
The property is located at 10281 Corporate Drive 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 1 acre; 20 individual offices and 2 conference rooms; Includes a data room, mechanical room, storage room, and employee breakroom
