North Jackson Commercial Space
For Sale
Contact for pricing
11200 Highway 613, Moss Point, MS 39563
Corner lot commercial space in high-traffic Escatawpa area.
Property Size3,248 SF
Lot Size1.00 Acre
Price / SF$76.66
Days on Market398
Property Features for 11200 Highway 613
General Information
Standard status
Active
Size
3,248 SF
Lot size
1.00 Acre
Property subtype
Special Purpose
Building Details
Year Built
1972
Listing Agency:
Coldwell Banker Commercial Smith Realty Group
(228) 324-3331
Listed By:
Suzanne Martin · License #MS
Source:
Crexi
Added: Jul 21, 2025
Changed: Aug 8
Last Checked: Aug 21 at 3:21PM
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 Coldwell Banker Commercial Smith Realty Group
Investment Insights
Based on property information with market context.
This commercial space is located on a corner lot in North Jackson County, at the intersection of Highway 613 and Wildwood. Situated on almost one acre, the property offers a large, open layout suitable for various commercial uses. The location benefits from high traffic. The building features a roll-up door, 3-phase electric power, and a storage shed in the rear. Ample parking is available. Inside, the space includes a storage area, a small office, a kitchen, and a half bathroom. The property size is 3248 square feet.
Key Highlights
- High‑traffic corner lot location on Hwy 613 and Wildwood in North Jackson County.
- Large, open commercial space with ample parking.
- Three‑phase electric power.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,060
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$421,200
$421.2K
Cap Rate 7%
$300,857
$300.9K
Cap Rate 9%
$234,000
$234.0K
Market Conditions
NOI Build-Up for 3,248 SF
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.
Gross rent
$32.4K $9.96/SF
− Vacancy
−$2.3K −$0.70/SF
EGI
$30.1K $9.26/SF
− OpEx
−$9.0K −$2.78/SF
NOI
$21.1K $6.48/SF
Area
Jackson County, MS
Vacancy
7.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$421,200
Cap Rate 7%
$300,857
Cap Rate 9%
$234,000
Alternative Uses
Best Use
Retail
$552.4K
$483.3K – $644.4K
NOI $38,665 @ 7.0% cap · market cap 15.53%
Second Best
Warehouse
$365.3K
$319.7K – $426.2K
NOI $25,573 @ 7.0% cap · market cap 10.27%
Theoretical Best
Office A
$887.3K
$776.4K – $1.04M
NOI $62,112 @ 7.0% cap · market cap 24.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 39563, MS
12,300
Population
5,717
Households
2.2
Avg Household Size
47
Median Age
15%
College-Educated
86%
High-School Grad
19.9 sq mi
ZIP Area
618
Density / Sq Mi
$46,672
Median Household Income
$30,719
Median Earnings
$1,039
Median Rent
$107,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Corner lot commercial space in high-traffic Escatawpa area.
Where is this retail space located?
The property is located at 11200 Highway 613 Moss Point, MS.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: High‑traffic corner lot location on Hwy 613 and Wildwood in North Jackson County.; Large, open commercial space with ample parking.; Three‑phase electric power.
