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    Income-Producing Multi-Tenant Shopping Center Title is generated by Realmo AI

    1092 Acadian Drive lot 3, Gulfport, MS 39507

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    For Sale
    $499,500

    COMMERCIAL - Gulfport, MS

    Type:Office
    Property size:
    4,395 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $113/SF
    Added:
    Mar 24, 2026
    Days on Market:
    98
    Last Refresh:
    Jun 29 at 12:06 am

    Property Features for 1092 Acadian Drive lot 3

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 5
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    1010f-03-005.001
    Size
    4,395 SF
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 2 ACADIAN SQUARE BUSINESS PARK SEC 30-7-10
    Tax Annual Amount
    5859

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2001
    Floors in Building
    1
    Roof type
    Metal

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    Contact an agent
    Matthew A Blaine

    Listing agent Matthew A Blaine License #B20768

    Listing office Blaine & Co., LLC 2575 Pass Road, STE D-1, Biloxi, MS

    Listing date Mar 24, 2026

    MLS# 4143596

    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.

    HighLights

    • Established multi‑tenant shopping center with multiple bathrooms on‑site (bathrooms 1–5 listed).
    • Roof is metal; year built is 2001.
    • Public water and public sewer service.
    • Accessible approach with ramp.
    • Zoned T4+ for a wide range of commercial uses.
    • Located just off Pass Road near the Cowan‑Lorraine high‑traffic intersection; approximately 30,000 cars pass daily.

    Overview

    This is an established, income-producing multi-tenant shopping center offered for sale. The property sits on approximately 0.35 acres and includes about 4,395 square feet of retail space. It is described as having a proven rental history with a strong mix of tenants, including several long-term occupants with established operating histories. Current tenancy is in place to provide consistent income, with flexibility for future lease structuring.

    The center is located just off Pass Road near the high-traffic intersection of Cowan-Lorraine in Gulfport, MS. The listing states the site benefits from approximately 30,000 cars passing daily along Pass Road. The property is positioned for visibility and accessibility and is zoned T4+, supporting a wide range of commercial uses.

    From a tenant fit perspective, the shopping center is positioned to serve retail, office, medical, and service-oriented businesses. The listing notes surrounding retail and service activity, including nearby operators such as Walmart Neighborhood Market, Rouses Market, Dunkin’ Donuts, Walgreens, McDonald’s, and Club 4 Fitness, along with dense residential neighborhoods and apartments nearby. The property is also noted as being directly behind Thriffiley Orthopedic, supporting convenient customer access for everyday needs.

    Local Financial Insights For Retail

    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 $61.7k $14.04
    − Vacancy −$5.2k −$1.19
    EGI $56.5k $12.85
    − OpEx −$16.9k −$3.85
    NOI $39.5k $8.99
    4,395 SF · lease $14.04/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $564.6K
    $494.0K – $658.7K (±1% cap)
    NOI $39,523 @ 7.0% cap · market cap 7.91%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $708.0K
    $619.5K – $826.0K (±1% cap)
    NOI $49,562 @ 7.0% cap · market cap 9.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Keesler Insurance Services Financial Advisor Waist Snatchers (Bike/Boat/Book/etc) Store Coast To Coast Real Estate Agency Atchison Law Firm Law Firm C2C Real Estate ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Village Square Mall — 1909 E Pass Rd, Gulfport, MS 39507
    • Handsboro Square Shopping Center — 1323 E Pass Rd, Gulfport, MS 39507
    • Coinstar Kiosk | Bitcoin ATM — Rouses Market, 1444 E Pass Rd, Gulfport, MS 39507

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.021091
    Latitude
    30.399343

    FAQs

    What type of property is this?
    Shopping center - Acquire a multi-tenant retail shopping center with an established rental base and T4+ zoning along a high-traffic Gulf Coast corridor.
    Where is this shopping center located?
    The property is located at 1092 Acadian Drive lot 3 Gulfport, MS.
    What is the asking price?
    The asking price for this property is $499,500.
    What are key features of this property?
    This property features: Established multi‑tenant shopping center with multiple bathrooms on‑site (bathrooms 1–5 listed).; Roof is metal; year built is 2001.; Public water and public sewer service.
    More about this property
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