Gulfport Office/Warehouse with Laydown
For Sale
Contact for pricing
12483 Dedeaux Road, Gulfport, MS 39503
7000 Sq Ft office/warehouse with laydown yard in Gulfport.
Property Size7,000 SF
Price / SF$85.57
Days on Market169
Property Features for 12483 Dedeaux Road
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Special Purpose
Zoning
B-1
Building Details
Year Built
1981
Listing Agency:
CENTURY 21 J. Carter & Company
(228) 731-3881
Listed By:
John Carter · License #S-59432
Source:
Crexi
Added: Mar 5
Changed: Aug 16
Last Checked: Aug 19 at 9:18PM
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 CENTURY 21 J. Carter & Company
Investment Insights
Based on property information with market context.
This 7000 sq ft commercial property is located on Dedeaux Road in Gulfport, MS. It features a freshly painted office space and warehouse. The warehouse area includes two roll-up doors, a bathroom, and storage space. It also has a forklift-accessible loft with office potential. The front of the building contains office spaces with LVP flooring and exposed brick. These offices include a conference room and private office space. The parcel also includes a laydown yard at the rear of the building.
Key Highlights
- 7000 sq ft office/warehouse space offers versatile usage.
- Includes laydown yard, great for storage or operations.
- Warehouse with 2 roll‑up doors and forklift accessible loft.
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
$54,133
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
9.04%
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%
$1,082,660
$1.1M
Cap Rate 7%
$773,329
$773.3K
Cap Rate 9%
$601,478
$601.5K
Market Conditions
NOI Build-Up for 7,000 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
$90.7K $12.96/SF
− Vacancy
−$7.4K −$1.06/SF
EGI
$83.3K $11.90/SF
− OpEx
−$29.1K −$4.16/SF
NOI
$54.1K $7.73/SF
Area
Harrison County, MS
Vacancy
8.20%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
35.00%
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%
$1,082,660
Cap Rate 7%
$773,329
Cap Rate 9%
$601,478
Alternative Uses
Best Use
Office B
$797.0K
$697.4K – $929.9K
NOI $55,793 @ 7.0% cap · market cap 9.31%
Second Best
Flex RnD
$773.3K
$676.7K – $902.2K
NOI $54,133 @ 7.0% cap · market cap 9.04%
Theoretical Best
Healthcare Medical
$1.13M
$986.7K – $1.32M
NOI $78,939 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Little Kitchen Cater — 13232 Dedeaux Rd, Gulfport, MS 39503
Frequently Asked Questions
What type of property is this?
Flex space - 7000 Sq Ft office/warehouse with laydown yard in Gulfport.
Where is this flex space located?
The property is located at 12483 Dedeaux Road Gulfport, MS.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 7000 sq ft office/warehouse space offers versatile usage.; Includes laydown yard, great for storage or operations.; Warehouse with 2 roll‑up doors and forklift accessible loft.
