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Office Building with Annual Increases
For Sale
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1119 42nd Ave, Gulfport, MS 39501

Office property offered for sale with a 9.25% cap rate and 3% annual increases.

Property SizeContact for details
Days on Market142

Property Features for 1119 42nd Ave

General Information

Standard status Active
Property subtype Office

Financials

Asking Price $735,582
Cap Rate 9.25%
Listing Agency: Matthews
Listed By: Seamus O'Brien · License #CA
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 4:23PM

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 Matthews

Investment Insights

Based on property information with market context.

This office building is offered for sale at 1119 42nd Ave in Gulfport, Mississippi. The offering includes a 9.25% cap rate and 3% annual increases, with a 50+ unit operator associated with the property.

Key Highlights

  • 9.25% cap rate
  • 3% annual increases
  • Associated with a 50+ unit operator

Property Analytics

Current Use

R Kimble Doty ... Dental Office Coastal Pediatric Dentistry Dental Office American Academy-Pediatric Dental Office Smile country Orthodontist Dental Office Smile Country Orthodontics Dental Office

Suggested Use

Top Pick Kitchen & Bath Showroom Gym & Fitness Center Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

981
Businesses Nearby

Demographics for 39501, MS

22,599
Population
10,565
Households
2.1
Avg Household Size
35
Median Age
13%
College-Educated
78%
High-School Grad
14.4 sq mi
ZIP Area
1,569
Density / Sq Mi
$33,491
Median Household Income
$28,522
Median Earnings
$962
Median Rent
$115,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office property offered for sale with a 9.25% cap rate and 3% annual increases.
Where is this office building located?
The property is located at 1119 42nd Ave Gulfport, MS.
What are key features of this property?
This property features: 9.25% cap rate; 3% annual increases; Associated with a 50+ unit operator
More about this property
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