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Office Units with Drive-Through
For Sale
$689,000

12392 Us 49, Gulfport, MS 39503

Commercial Sale, Gulfport, MS

Property Size3,395 SF
Lot Size1.90 Acres
Price / SF$202.95
Days on Market55

Property Features for 12392 Us 49

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Highway Business District
Bathrooms 1
Half bathrooms 2
Rooms Bathroom 1, Bathroom 2
Subdivision Metes And Bounds
Lot features City Lot, Rectangular Lot, City Lot, Rectangular Lot
Standard status Active
APN 0808d-02-023.000
Size 3,395 SF
Lot size 1.90 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG AT INTER OF S LINE OF NW 1/4 OF NW 1/4 & E LINE OF NEW HWY 49 E ALONG S LINE OF NW 1/4 OF NW 1/4 220 FT S 104.7 FT W
Tax Annual Amount 4849
Legal Description BEG AT INTER OF S LINE OF NW 1/4 OF NW 1/4 & E LINE OF NEW HWY 49 E ALONG S LINE OF NW 1/4 OF NW 1/4 220 FT S 104.7 FT W

Utilities

Sewer type Public Sewer
Water source Public

Amenities

covered drive through window
pylon sign

Building Details

Year built 1984
Floors in Building 2
Flooring type Tile - Ceramic, Carpet
Building materials Frame
Roof type Shingle
Listing Agency: Coldwell Banker Alfonso Realty-Lorraine Rd · Coldwell Banker Real Estate
Listed By: Sam Ford · License #B4936
Added: Aug 14 Changed: Sep 21 Last Checked: Oct 7 at 4:06AM
MLS# 4159156

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,395-square-foot office property sits on 1.9 acres and includes a covered drive-through window, parking at both the front and rear, and two bathrooms. The 1984 building has frame construction, carpet and ceramic tile flooring, a shingle roof, public water, and public sewer. Its configuration and existing features support office, medical, or retail use.

The property fronts 107 feet along Highway 49 in Gulfport, with signage positioned for visibility from the roadway. A two-pylon sign measuring 30–35 feet is included, and the location is reported to receive more than 43,000 passing cars daily. The address is 12392 US 49, Gulfport, MS 39503.

Key Highlights

  • 3,395 SF office property on 1.9 acres
  • 107' frontage along Highway 49
  • Two‑pylon 30–35' sign visible from Highway 49

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,285
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,700 $765.7K
Cap Rate 7%
$546,929 $546.9K
Cap Rate 9%
$425,389 $425.4K
Market Conditions
NOI Build-Up for 3,395 SF
Gross rent
$71.3K $21.00/SF
− Vacancy
−$7.5K −$2.21/SF
EGI
$63.8K $18.80/SF
− OpEx
−$25.5K −$7.52/SF
NOI
$38.3K $11.28/SF
Area
Harrison 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%
$765,700
Cap Rate 7%
$546,929
Cap Rate 9%
$425,389

Alternative Uses

Best Use
Healthcare Medical
$546.9K
$478.6K – $638.1K (±1% cap)
NOI $38,285 @ 7.0% cap · market cap 5.56%
Second Best
Office B
$386.6K
$338.3K – $451.0K (±1% cap)
NOI $27,060 @ 7.0% cap · market cap 3.93%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office Units

Lease Details

43,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

Demographics for 39503, MS

53,643
Population
22,533
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
92%
High-School Grad
114.3 sq mi
ZIP Area
469
Density / Sq Mi
$61,298
Median Household Income
$36,241
Median Earnings
$1,087
Median Rent
$193,000
Median Home Value
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - The property offers front and rear parking, highway-facing signage, and a covered drive-through window for office, medical, or retail use.
Where is this office units located?
The property is located at 12392 Us 49 Gulfport, MS.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: 3,395 SF office property on 1.9 acres; 107' frontage along Highway 49; Two‑pylon 30–35' sign visible from Highway 49
More about this property
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