Two-Building Income Producing
For Sale
Contact for pricing
10536 Auto Mall Pkwy, Diberville, MS 39540
Two office buildings on a fully paved lot, with multiple leased suites in the rear building.
Property Size9,294 SF
Lot Size0.63 Acres
Price / SF$99.53
Days on Market495
Property Features for 10536 Auto Mall Pkwy
General Information
Standard status
Active
Size
9,294 SF
Lot size
0.63 Acres
Property subtype
OFFICE
Zoning
Commercial
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Southeast Commercial of MS, LLC
(228) 224-4777
Listed By:
Victoria Chambers · License #S-48764
(228) 224-4777
Source:
Moodyscre
Added: Mar 23, 2025
Changed: Jul 28
Last Checked: Jul 30 at 1:53PM
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 of MS, LLC
Investment Insights
Based on property information with market context.
This income-producing office property includes two separate buildings on a single parcel. The front building totals approximately 5,294 square feet, with downstairs space of approximately 3,200 (+/-) square feet and additional heated and cooled upstairs space of approximately 2,000 (+/-) square feet. The rear building totals approximately 4,500 square feet and is divided into four suites of approximately 1,125 square feet each; all suites in that building identified as 10532 Auto Mall Parkway are currently leased.
The lot is approximately 0.63 acres and is fully paved. The property is located within a commercial zoning designation and offers convenient access to I-10. It is surrounded by commercial and residential apartments. Please do not disturb tenants.
The configuration supports an owner-operator or landlord model, with leased unit occupancy in the rear building and additional space in the front building.
The lot is approximately 0.63 acres and is fully paved. The property is located within a commercial zoning designation and offers convenient access to I-10. It is surrounded by commercial and residential apartments. Please do not disturb tenants.
The configuration supports an owner-operator or landlord model, with leased unit occupancy in the rear building and additional space in the front building.
Key Highlights
- Two‑building income‑producing property at 10356 Auto Mall Parkway Blvd with a total lot of approx. 0.63 acres
- Front building approx. 5,294 SF: approx. 3,200 SF downstairs and approx. 2,000+ SF upstairs (heated and cooled)
- Rear building at 10532 Auto Mall Parkway: approx. 4,500 SF with 4 suites of approx. 1,125 SF each
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.5k | $12.96 |
| − Vacancy | −$21.7k | −$2.33 |
| EGI | $98.8k | $10.63 |
| − OpEx | −$24.7k | −$2.66 |
| NOI | $74.1k | $7.97 |
9,294 SF · lease $12.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.06M
$926.0K – $1.23M
NOI $74,077 @ 7.0% cap · market cap 8.01%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.50M
$1.31M – $1.75M
NOI $104,808 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
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?
Office units - Two office buildings on a fully paved lot, with multiple leased suites in the rear building.
Where is this office units 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: Two‑building income‑producing property at 10356 Auto Mall Parkway Blvd with a total lot of approx. 0.63 acres; Front building approx. 5,294 SF: approx. 3,200 SF downstairs and approx. 2,000+ SF upstairs (heated and cooled); Rear building at 10532 Auto Mall Parkway: approx. 4,500 SF with 4 suites of approx. 1,125 SF each
