Renovated Flex
For Sale
$425,000
12473 Dedeaux Road, Gulfport, MS 39503
Commercial Sale, Gulfport, MS
Property Size3,500 SF
Lot Size0.58 Acres
Price / SF$121.43
Days on Market317
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Property Features for 12473 Dedeaux Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B2
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Window features
Double Pane Windows
Exterior features
Awning(s)
Lot features
City Lot, Rectangular Lot, City Lot, Rectangular Lot
Standard status
Active
APN
0908o-04-102.001
Size
3,500 SF
Lot size
0.58 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BEG 547 FT E & 30 FT S OF NW COR OF SW1/4 OF SEC 12 ON S MAR OF DEDEAUX RD S 300 FT E 85 FT N 300 FT TO RD W ALONG RD 85 FT TO POB PART OF NW1/4 OF SW1/4 OF SEC 12-7-11
Tax Annual Amount
2337
Legal Description
BEG 547 FT E & 30 FT S OF NW COR OF SW1/4 OF SEC 12 ON S MAR OF DEDEAUX RD S 300 FT E 85 FT N 300 FT TO RD W ALONG RD 85 FT TO POB PART OF NW1/4 OF SW1/4 OF SEC 12-7-11
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
reception area
ADA compliant restrooms
Building Details
Year built
1992
Floors in Building
1
Flooring type
Vinyl
Roof type
Metal
Listing Agency:
Sawyer Real Estate, Inc. Of Ms.
(228) 863-0232
Listed By:
Lenny Sawyer · License #B3550
(228) 861-1313
Added: Dec 2, 2025
Changed: Oct 8
Last Checked: Oct 15 at 3:06PM
MLS# 4132943
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 renovated flex property contains 3,500 square feet on a 0.58-acre parcel. The interior includes office space, a reception area, and warehouse space, along with men’s and women’s ADA-compliant restrooms. Building features include fire-rated sheetrock walls, fire exit doors, a roll-up door, and a 200-gallon water heater. Three air-conditioning and heating units provide a combined 8 tons of capacity, and the property has three-phase electric service. The rear yard offers room for additional storage or parking, or for expansion.
The property has access to Hwy 49 and I-10. Public water and sewer are available, and cable service is available. The building was constructed in 1992 and has a metal roof.
The property has access to Hwy 49 and I-10. Public water and sewer are available, and cable service is available. The building was constructed in 1992 and has a metal roof.
Key Highlights
- 3,500 square feet on 0.58 acres
- Office, reception, and warehouse areas
- Three‑phase electric service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,896
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,920
$557.9K
Cap Rate 7%
$398,514
$398.5K
Cap Rate 9%
$309,956
$310.0K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$45.4K $12.96/SF
− Vacancy
−$8.2K −$2.33/SF
EGI
$37.2K $10.63/SF
− OpEx
−$9.3K −$2.66/SF
NOI
$27.9K $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%
$557,920
Cap Rate 7%
$398,514
Cap Rate 9%
$309,956
Alternative Uses
Best Use
Office B
$398.5K
$348.7K – $464.9K
NOI $27,896 @ 7.0% cap · market cap 6.56%
Second Best
Flex RnD
$386.7K
$338.3K – $451.1K
NOI $27,066 @ 7.0% cap · market cap 6.37%
Theoretical Best
Healthcare Medical
$563.9K
$493.4K – $657.8K
NOI $39,470 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Little Kitchen Cater — 13232 Dedeaux Rd, Gulfport, MS 39503
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas share a renovated building with three-phase power and rear yard area for expansion.
Where is this flex space located?
The property is located at 12473 Dedeaux Road Gulfport, MS.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3,500 square feet on 0.58 acres; Office, reception, and warehouse areas; Three‑phase electric service
