Flex Retail with Roll-Up
1309 Bienville Blvd Ocean Springs, MS 39564
1309 Bienville Blvd, Ocean Springs, MS, 39564
$530,000
For Sale
$530,000
Flex shop and retail space includes three front offices and four roll-up door bays.
Property Size3,044 SF
Price / SF$174.11
Days on Market120
Property Features for 1309 Bienville Blvd
General Information
- Standard status
- Active
- Size
- 3,044 SF
Listing agency
Coldwell Banker Alfonso Realty-Lorraine Rd
(228) 424-8202
Listed by
Sam Ford · License #B4936
(228) 424-8202
Source
Exprealty
Added: Mar 24 Updated: Jul 21 at 2:22AM Checked: Jul 21 at 2:22AM
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 Coldwell Banker Alfonso Realty-Lorraine Rd
Investment Insights
Based on property information with market context.
This flex property combines a front retail/workshop area with back shop bays, served by four roll-up door bays. The layout includes a workshop and retail space with three offices located toward the front of the building.
The property is located on the north side of Bienville Blvd in Ocean Springs, MS, nearly next door to McDonald’s and near a new Aldi’s supermarket.
A car dealer is currently using one retail space and two of the bays and pays $1,700 per month.
The property is located on the north side of Bienville Blvd in Ocean Springs, MS, nearly next door to McDonald’s and near a new Aldi’s supermarket.
A car dealer is currently using one retail space and two of the bays and pays $1,700 per month.
Key Highlights
- Flex shop and retail space on Bienville Blvd., N/S, near McDonalds and new Aldi’s Supermarket
- Front includes three offices, plus retail space and a workshop area
- 4 roll‑up door bays provide dedicated loading/garage access
Local Financial Insights For Flex RnD
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 | $65.0k | $21.36 |
| − Vacancy | −$5.0k | −$1.64 |
| EGI | $60.0k | $19.72 |
| − OpEx | −$21.0k | −$6.90 |
| NOI | $39.0k | $12.81 |
3,044 SF · lease $21.36/SF/yr · vacancy 7.70% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$557.3K
$487.6K – $650.2K
NOI $39,009 @ 7.0% cap · market cap 7.36%
Second Best
Retail
$517.7K
$453.0K – $603.9K
NOI $36,236 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$831.6K
$727.6K – $970.2K
NOI $58,211 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Auto Connect LLC
Car Dealership
Mr. B's Of Ocean ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Eat Drink Love Catering — 701 Bienville Blvd, Ocean Springs, MS 39564
FAQs
What type of property is this?
Flex space - Flex shop and retail space includes three front offices and four roll-up door bays.
Where is this flex space located?
The property is located at 1309 Bienville Blvd Ocean Springs, MS.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Flex shop and retail space on Bienville Blvd., N/S, near McDonalds and new Aldi’s Supermarket; Front includes three offices, plus retail space and a workshop area; 4 roll‑up door bays provide dedicated loading/garage access