Flexible Healthcare Training School
For Sale
$535,000
12451 Dedeaux Road, Gulfport, MS 39503
Existing school facility with adaptable rooms, administrative offices, ADA-compliant restrooms, and front and rear circulation areas.
Property Size5,730 SF
Days on Market73
Property Features for 12451 Dedeaux Road
General Information
Standard status
Active
Size
5,730 SF
Taxes and HOA fees
Annual Taxes
$6,360
Amenities
Accessible Common Area, Accessible Entrance
Central Air, Electric
Central, Electric, Heat Pump
On Site, Paved
Building Details
Building Size
5,730 SF
Year Built
2002
Stories
1
Listing Agency:
Denise Bush Properties, LLC
Listed By:
Denise L Bush · License #B23581
(228) 380-0291
Source:
Evrealestate
Added: Jul 27
Changed: Oct 7
Last Checked: Oct 5 at 6:28PM
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 Denise Bush Properties, LLC
Investment Insights
Based on property information with market context.
This school property is currently configured for healthcare training, with three open rooms in the east wing and a central gathering area leading to a rear multipurpose room. The building also includes a small kitchen and breakroom, along with three private administrative offices in the west wing. Two of those offices have dedicated sinks. ADA-compliant restrooms serve both sides of the facility.
The property occupies nearly one full acre along Dedeaux Road in Gulfport, Mississippi. A front parking area and rear circular drive support visitor access, drop-offs, deliveries, and additional parking. Commercial zoning and a flexible interior arrangement support continued school use as well as office, medical, daycare, fitness, or retail applications identified for the property.
The property occupies nearly one full acre along Dedeaux Road in Gulfport, Mississippi. A front parking area and rear circular drive support visitor access, drop-offs, deliveries, and additional parking. Commercial zoning and a flexible interior arrangement support continued school use as well as office, medical, daycare, fitness, or retail applications identified for the property.
Key Highlights
- Currently operating as a healthcare training school
- Three large open rooms plus a rear multipurpose room and small kitchen/breakroom
- Three private offices, including two with dedicated sinks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,670
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,400
$913.4K
Cap Rate 7%
$652,429
$652.4K
Cap Rate 9%
$507,444
$507.4K
Market Conditions
NOI Build-Up for 5,730 SF
Gross rent
$74.3K $12.96/SF
− Vacancy
−$13.4K −$2.33/SF
EGI
$60.9K $10.63/SF
− OpEx
−$15.2K −$2.66/SF
NOI
$45.7K $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 Rate 5%
$913,400
Cap Rate 7%
$652,429
Cap Rate 9%
$507,444
Alternative Uses
Best Use
Healthcare Medical
$923.1K
$807.7K – $1.08M
NOI $64,617 @ 7.0% cap · market cap 12.08%
Second Best
Office B
$652.4K
$570.9K – $761.2K
NOI $45,670 @ 7.0% cap · market cap 8.54%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
School - Existing school facility with adaptable rooms, administrative offices, ADA-compliant restrooms, and front and rear circulation areas.
Where is this school located?
The property is located at 12451 Dedeaux Road Gulfport, MS.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Currently operating as a healthcare training school; Three large open rooms plus a rear multipurpose room and small kitchen/breakroom; Three private offices, including two with dedicated sinks
