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    Retail Property For Sale Title is generated by Realmo AI

    12075 Lamey Brg Rd, Diberville, MS 39540

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    Retail property available for sale.

    Type:Retail
    Property size:
    70,258 SF
    Price / SF:
    $145/SF
    Added:
    Mar 28, 2025
    Days on Market:
    467
    Last Refresh:
    Jul 5 at 2:39 pm

    Property Features for 12075 Lamey Brg Rd

    General Information

    Standard status
    Active
    Size
    70,258 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1988

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    Justin Langlois, CCIM, SIOR

    Listing office Stirling Properties Baton Rouge

    Listing date Mar 28, 2025

    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 Stirling Properties Baton Rouge

    HighLights

    • Built in 1988

    Overview

    This retail property, encompassing 70258 square feet, is available for sale.

    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 $986.4k $14.04
    − Vacancy −$83.8k −$1.19
    EGI $902.6k $12.85
    − OpEx −$270.8k −$3.85
    NOI $631.8k $8.99
    70,258 SF · lease $14.04/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $9.03M
    $7.90M – $10.53M (±1% cap)
    NOI $631,803 @ 7.0% cap · market cap 6.19%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $11.32M
    $9.90M – $13.20M (±1% cap)
    NOI $792,299 @ 7.0% cap · market cap 7.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Academy Sports + Outdoors (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Accounting Firm Storage Facility Garden Center Kitchen & Bath Showroom Electrical Service Law Firm Car Rental Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Diberville
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.890563
    Latitude
    30.458505

    FAQs

    What type of property is this?
    Retail property - Retail property available for sale.
    Where is this retail property located?
    The property is located at 12075 Lamey Brg Rd Diberville, MS.
    What is the asking price?
    The asking price for this property is $10,204,065.
    What are key features of this property?
    This property features: Built in 1988
    More about this property
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