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Open-Plan Flex Warehouse
New
For Sale
$785,000

1111 Bienville Boulevard, Ocean Springs, MS 39564

COMMERCIAL - Ocean Springs, MS

Property Size2,512 SF
Lot Size0.39 Acres
Price / SF$312.50
Days on Market3

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
Lot features City Lot, City Lot
Directions East of Hwy 609 on north side of Highway next to PJ's coffee,
Standard status Active
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
Water source Public

Building Details

Year built 1960
Flooring type Concrete
Listing Agency: Coldwell Banker Alfonso Realty-Pascag · Coldwell Banker Real Estate
Listed By: Ricky L Sutherland · License #7843
Added: Jul 28 Last Checked: Jul 30 at 12:06PM
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.

Investment Insights

Based on property information with market context.

Concrete block flex warehouse building featuring an open floor plan with a dedicated display area and a warehouse area. The property is sized at 2,512 square feet and sits on a 0.39-acre lot.

Located at 1111 Bienville Boulevard in Ocean Springs, Mississippi, the building is on Hwy 90 next to PJ’s Coffee. Public remarks indicate a high traffic count along the corridor, which can support a variety of commercial uses that benefit from visibility.

With both display and warehouse components in place, the interior layout is designed to accommodate operations that require customer-facing space alongside functional storage or work areas.

Key Highlights

  • Concrete block building on Hwy 90 next to PJ's Coffee
  • High traffic count location on Hwy 90
  • Open floor plan with a display area and warehouse area

Financial Insights For Flex RnD

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 $53.7k $21.36
− Vacancy −$4.1k −$1.64
EGI $49.5k $19.72
− OpEx −$17.3k −$6.90
NOI $32.2k $12.81
2,512 SF · lease $21.36/SF/yr · vacancy 7.70% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$459.9K
$402.4K – $536.5K (±1% cap)
NOI $32,191 @ 7.0% cap · market cap 4.10%
Second Best
Retail
$427.2K
$373.8K – $498.4K (±1% cap)
NOI $29,903 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$686.2K
$600.5K – $800.6K (±1% cap)
NOI $48,037 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Carter Commercial Services HVAC Service

Suggested Use

Top Pick Building Supply Electrical Service HVAC Service Parking Lot & Garage Furniture & Home Goods Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - Concrete block building with an open floor plan and separate display and warehouse areas on Hwy 90.
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: Concrete block building on Hwy 90 next to PJ's Coffee; High traffic count location on Hwy 90; Open floor plan with a display area and warehouse area
More about this property
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