Office Building with Multiple
For Sale
$639,000
11035 Lamey Brg Rd, Diberville, MS 39540
C2-zoned commercial property with a flexible layout, kitchen, bathrooms, and covered outdoor areas for meetings or breaks.
Property Size2,424 SF
Price / SF$263.61
Days on Market76
Property Features for 11035 Lamey Brg Rd
General Information
Standard status
Active
Size
2,424 SF
Zoning
C2
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
8
Amenities
front and back porches
well-equipped kitchen
Building Details
Year Built
1987
Buildings
1
Listing Agency:
Strategic Wealth Realty, Inc.
Listed By:
Kaylee Dwyer
(228) 217-0390
Source:
Fiorellaavenue
Added: Aug 10
Changed: Oct 10
Last Checked: Oct 23 at 8:06AM
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 Strategic Wealth Realty, Inc.
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Investment Insights
Based on property information with market context.
This 2,424-square-foot office building is arranged with eight separate office spaces, three bathrooms, and a kitchen. Front and rear porches add covered outdoor areas that can support informal meetings or staff breaks. The layout accommodates a range of office-based operations while retaining distinct rooms for individual work or collaboration.
Located at 11035 Lamey Bridge Rd in Diberville, Mississippi, the property offers 100 feet of frontage along the main road. It is near I10 and The Promenade, placing the building within an active commercial setting. C2 zoning and the existing office configuration provide a clear framework for continued commercial use.
Located at 11035 Lamey Bridge Rd in Diberville, Mississippi, the property offers 100 feet of frontage along the main road. It is near I10 and The Promenade, placing the building within an active commercial setting. C2 zoning and the existing office configuration provide a clear framework for continued commercial use.
Key Highlights
- 2,424‑square‑foot office building with eight separate office spaces
- C2 zoning supports the property's commercial office configuration
- 100 feet of frontage along the main road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,320
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,400
$386.4K
Cap Rate 7%
$276,000
$276.0K
Cap Rate 9%
$214,667
$214.7K
Market Conditions
NOI Build-Up for 2,424 SF
Gross rent
$31.4K $12.96/SF
− Vacancy
−$5.7K −$2.33/SF
EGI
$25.8K $10.63/SF
− OpEx
−$6.4K −$2.66/SF
NOI
$19.3K $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%
$386,400
Cap Rate 7%
$276,000
Cap Rate 9%
$214,667
Alternative Uses
Best Use
Office B
$276.0K
$241.5K – $322.0K
NOI $19,320 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$390.5K
$341.7K – $455.6K
NOI $27,335 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
8
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
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Business Placement
Demographics for 39540, MS
12,707
Population
5,444
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
88%
High-School Grad
11.4 sq mi
ZIP Area
1,115
Density / Sq Mi
$65,712
Median Household Income
$41,129
Median Earnings
$1,177
Median Rent
$199,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - C2-zoned commercial property with a flexible layout, kitchen, bathrooms, and covered outdoor areas for meetings or breaks.
Where is this office building located?
The property is located at 11035 Lamey Brg Rd Diberville, MS.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: 2,424‑square‑foot office building with eight separate office spaces; C2 zoning supports the property's commercial office configuration; 100 feet of frontage along the main road
