D'Iberville Income Producing
For Sale
Contact for pricing
10536 Auto Mall Pkwy, Diberville, MS 39540
Two buildings on 0.63 acres with commercial zoning.
Property Size9,792 SF
Lot Size0.63 Acres
Price / SF$94.46
Days on Market506
Property Features for 10536 Auto Mall Pkwy
General Information
Standard status
Active
Size
9,792 SF
Lot size
0.63 Acres
Property subtype
Office, Retail
Zoning
Commercial
Lease Type
Gross
Building Details
Year Built
1990
Tenancy
Multi
Listing Agency:
Southeast Commercial Real Estate Services Gulfport
(228) 547-0707
Listed By:
Tim Carlson · License #MS 13267
Source:
Crexi
Added: Mar 25, 2025
Changed: Aug 7
Last Checked: Aug 11 at 4:32PM
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 Southeast Commercial Real Estate Services Gulfport
Investment Insights
Based on property information with market context.
This income-producing property in D'Iberville features two buildings situated at 10356 Auto Mall Parkway Blvd. The front building has approximately 5294 square feet, with about 3200 square feet downstairs and approximately 2000 square feet upstairs, all heated and cooled. The second building, located towards the rear of the property at 10532 Auto Mall Parkway, is approximately 4500 square feet and contains four suites of approximately 1125 square feet each. All suites in the rear building are currently leased. The property lot is approximately 0.63 acres and is fully paved. The property is surrounded by commercial establishments and residential apartments. It has commercial zoning and offers convenient access to I-10.
Key Highlights
- Income‑producing property with upside potential
- Two buildings included: approx. 5294 sq ft and approx. 4500 sq ft
- All suites in the rear building (10532 Auto Mall Parkway) are currently leased
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
$78,046
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
8.44%
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%
$1,560,920
$1.6M
Cap Rate 7%
$1,114,943
$1.1M
Cap Rate 9%
$867,178
$867.2K
Market Conditions
NOI Build-Up for 9,792 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
$126.9K $12.96/SF
− Vacancy
−$22.8K −$2.33/SF
EGI
$104.1K $10.63/SF
− OpEx
−$26.0K −$2.66/SF
NOI
$78.0K $7.97/SF
Area
Harrison County, MS
Vacancy
18.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
25.00%
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%
$1,560,920
Cap Rate 7%
$1,114,943
Cap Rate 9%
$867,178
Alternative Uses
Best Use
Retail
$1.26M
$1.10M – $1.47M
NOI $88,056 @ 7.0% cap · market cap 9.52%
Second Best
Office B
$1.11M
$975.6K – $1.30M
NOI $78,046 @ 7.0% cap · market cap 8.44%
Theoretical Best
Healthcare Medical
$1.58M
$1.38M – $1.84M
NOI $110,424 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
Business Placement
Demographics for 39540, MS
12,707
Population
5,444
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
88%
High-School Grad
11.4 sq mi
ZIP Area
1,115
Density / Sq Mi
$65,712
Median Household Income
$41,129
Median Earnings
$1,177
Median Rent
$199,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings on 0.63 acres with commercial zoning.
Where is this mixed-use property located?
The property is located at 10536 Auto Mall Pkwy Diberville, MS.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Income‑producing property with upside potential; Two buildings included: approx. 5294 sq ft and approx. 4500 sq ft; All suites in the rear building (10532 Auto Mall Parkway) are currently leased
