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Move-in Ready Medical Office
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175 Doctors Dr, Pearl, MS

Located across from Pearl High School with strong traffic.

Property Size1,928 SF
Lot Size0.27 Acres
Price / SF$181.54
Days on Market577

Property Features for 175 Doctors Dr

General Information

Standard status Active
Size 1,928 SF
Lot size 0.27 Acres
Property subtype OFFICE
Listing Agency: Duckworth Realty
Listed By: John Michael Holtmann · License #23573
Source: Moodyscre
Added: Apr 1, 2025 Changed: Oct 25 Last Checked: Oct 28 at 12:36PM

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 Duckworth Realty

Rey
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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 1,928 square foot property is located across Highway 80 from Pearl High School, offering strong traffic counts and easy access. The property was formerly occupied by a dental clinic for years. It presents a move-in ready opportunity for a dentist or medical user seeking a location in the Pearl/Brandon area.

Key Highlights

  • Move‑in ready opportunity for a Dentist or Medical user.
  • Formerly occupied by a Dental Clinic.
  • Strong Traffic counts.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,742
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,840 $434.8K
Cap Rate 7%
$310,600 $310.6K
Cap Rate 9%
$241,578 $241.6K
Market Conditions
NOI Build-Up for 1,928 SF
Gross rent
$40.5K $21.00/SF
− Vacancy
−$4.3K −$2.21/SF
EGI
$36.2K $18.80/SF
− OpEx
−$14.5K −$7.52/SF
NOI
$21.7K $11.28/SF
Area
Rankin County, MS
Vacancy
10.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,840
Cap Rate 7%
$310,600
Cap Rate 9%
$241,578

Alternative Uses

Best Use
Healthcare Medical
$310.6K
$271.8K – $362.4K (±1% cap)
NOI $21,742 @ 7.0% cap · market cap 6.21%
Second Best
Office B
$297.5K
$260.3K – $347.0K (±1% cap)
NOI $20,822 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$528.8K
$462.7K – $617.0K (±1% cap)
NOI $37,018 @ 7.0% cap · market cap 10.58%
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

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Gym & Fitness Center

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

168
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Located across from Pearl High School with strong traffic.
Where is this medical office space located?
The property is located at 175 Doctors Dr Pearl, MS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Move‑in ready opportunity for a Dentist or Medical user.; Formerly occupied by a Dental Clinic.; Strong Traffic counts.
(601) 940-8010 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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