11487 Highway 49, Gulfport, MS 39503
High-traffic location suitable for redevelopment, repositioning, or owner-user occupancy.
- Added:
- Feb 12, 2026
- Days on Market:
- 145
- Last Refresh:
- Jul 5 at 2:40 am
Property Features for 11487 Highway 49
General Information
- Standard status
- Active
- Size
- 8,647 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1985
Listing office Coldwell Banker Commercial Alfonso Realty, Inc. (228) 326-2627
Listing date Feb 12, 2026
Source Crexi
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 Alfonso Realty, Inc.
HighLights
- High‑traffic location on Highway 49 with excellent frontage and exposure.
- Strong value‑add opportunity for investors.
- Suitable for redevelopment, repositioning, or owner‑user occupancy.
- Located in a proven commercial corridor with consistent demand.
- Near financial institutions, medical facilities, and shopping centers.
- Year Built: 1985.
Overview
Local Financial Insights For Retail
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 | $121.4k | $14.04 |
| − Vacancy | −$10.3k | −$1.19 |
| EGI | $111.1k | $12.85 |
| − OpEx | −$33.3k | −$3.85 |
| NOI | $77.8k | $8.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.1013137
- Latitude
- 30.4552693