Flex Space with Warehouse
For Sale
$785,000
Pending
1111 Bienville Boulevard, Ocean Springs, MS 39564
Commercial Sale, Ocean Springs, MS
Property Size2,512 SF
Lot Size0.39 Acres
Days on Market94
Property Features for 1111 Bienville Boulevard
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Parking features
Open
Exterior features
Lighting
Lot features
City Lot, City Lot
Directions
East of Hwy 609 on north side of Highway next to PJ's coffee,
Standard status
Pending
APN
6-01-19-214.000
Size
2,512 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COM N/M HWY 90 & E/M AMES AVE N 88*E 124.06' TO POB N 59.96' N 2*W 4.54' N 1*E 161.39' N 88*E75' S 226.94' TO N/M HWY 90 S 88*W 75' TO POB DB 1892-669 (98 MAP784.19-03) 'PER SURVEY'
Tax Annual Amount
3826
Legal Description
COM N/M HWY 90 & E/M AMES AVE N 88*E 124.06' TO POB N 59.96' N 2*W 4.54' N 1*E 161.39' N 88*E75' S 226.94' TO N/M HWY 90 S 88*W 75' TO POB DB 1892-669 (98 MAP784.19-03) 'PER SURVEY'
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1960
Flooring type
Concrete
Buildings
1
Listing Agency:
Coldwell Banker Alfonso Smith · Coldwell Banker Real Estate
(228) 769-7777
Listed By:
Ricky L Sutherland · License #7843
(228) 217-0087
Added: Jul 28
Changed: Oct 29
Last Checked: Oct 29 at 3:06PM
MLS# 4157364
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,512-square-foot flex property has an open layout with a display area and a warehouse area. The concrete block building was constructed in 1960 and includes central heating, central air conditioning, electric cooling, concrete flooring, lighting, and one bathroom. Open parking is available, and the property is served by public water and sewer.
The site contains 0.39 acres on Bienville Boulevard (Hwy 90) in Ocean Springs, next to PJ's Coffee.
The site contains 0.39 acres on Bienville Boulevard (Hwy 90) in Ocean Springs, next to PJ's Coffee.
Key Highlights
- 2,512‑square‑foot flex property with display and warehouse areas
- Concrete block building constructed in 1960
- 0.39‑acre site on Bienville Boulevard (Hwy 90)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,191
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$643,820
$643.8K
Cap Rate 7%
$459,871
$459.9K
Cap Rate 9%
$357,678
$357.7K
Market Conditions
NOI Build-Up for 2,512 SF
Gross rent
$53.7K $21.36/SF
− Vacancy
−$4.1K −$1.64/SF
EGI
$49.5K $19.72/SF
− OpEx
−$17.3K −$6.90/SF
NOI
$32.2K $12.81/SF
Area
Jackson County, MS
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$643,820
Cap Rate 7%
$459,871
Cap Rate 9%
$357,678
Alternative Uses
Best Use
Flex RnD
$459.9K
$402.4K – $536.5K
NOI $32,191 @ 7.0% cap · market cap 4.10%
Second Best
Retail
$427.2K
$373.8K – $498.4K
NOI $29,903 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$686.2K
$600.5K – $800.6K
NOI $48,037 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,025
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39564, MS
42,539
Population
18,908
Households
2.2
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
798
Density / Sq Mi
$77,300
Median Household Income
$43,754
Median Earnings
$1,314
Median Rent
$220,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Eat Drink Love Catering — 701 Bienville Blvd, Ocean Springs, MS 39564
Frequently Asked Questions
What type of property is this?
Flex space - Open-plan commercial space combines a display area with warehouse space in a concrete block building.
Where is this flex space located?
The property is located at 1111 Bienville Boulevard Ocean Springs, MS.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: 2,512‑square‑foot flex property with display and warehouse areas; Concrete block building constructed in 1960; 0.39‑acre site on Bienville Boulevard (Hwy 90)
