1201 31st Ave Gulfport, MS 39501-1847
This exceptional 5,243 square foot medical office building is ideally situated at 1201 31st Avenue in Gulfport, Mississippi. Boasting a prime location near Highway 90 and directly across from an outpatient surgery center, this attractive brick building presents a unique investment opportunity. The property features a convenient enclosed courtyard, a substantial parking lot with 20+ spaces, and is easily adaptable to house two separate medical practices or businesses. Internal amenities include a kitchen, four restrooms, four HVAC units, a security system, and a secure safe room. Additional space is available in a large, semi-finished attic. Accessibility is enhanced by a convenient ramp entrance. The building benefits from a recently installed roof (less than 3 years old) and is located in a flood zone X area. The property sits on a 0.43-acre lot. Currently leased until April 30th, 2025, this presents a strong income stream for the investor. The zoning designation is T4+. Limited showing times are available due to the current lease. The asking price for this turnkey property is $860,000.
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Peter Casano, MD Physician
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Memorial Physician Clinics ENT Medical Clinic
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Sophia Omoro MD, PhD Physician
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Dr. Peter Casano, Memorial ENT Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.