Drive-Through Restaurant with Separate
For Sale
$1,200,000
1407 Bienville Boulevard, Ocean Springs, MS 39564
Commercial Sale, Ocean Springs, MS
Property Size2,940 SF
Lot Size0.64 Acres
Price / SF$408.16
Days on Market92
Property Features for 1407 Bienville Boulevard
General Information
Property type
Commercial Sale
Property subtype
Retail
Lot features
Cleared, City Lot, Fenced, Cleared, City Lot, Fenced
Standard status
Active
APN
6-01-19-270.050
Size
2,940 SF
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COM NEC SW1/4 SE1/4 S 105' FOR POB S 86DEG W 110' S 161' E 10' S 59' TO N/M HWY 90 E 126' N 177.5' N 88 DEG W 25' N 47.3' TO POB DB 1885-596;600&603 (262 MAP784.19-04)
Tax Annual Amount
8433
Legal Description
COM NEC SW1/4 SE1/4 S 105' FOR POB S 86DEG W 110' S 161' E 10' S 59' TO N/M HWY 90 E 126' N 177.5' N 88 DEG W 25' N 47.3' TO POB DB 1885-596;600&603 (262 MAP784.19-04)
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Listing Agency:
Weichert Realtors Gulf Properties
(228) 400-4853
Listed By:
Lynn Y Wade · License #B18060
(228) 297-9911
Added: Jul 16
Changed: Oct 8
Last Checked: Oct 15 at 12:06PM
MLS# 4156058
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.
The 2,940-square-foot restaurant property occupies 0.64 acres in Ocean Springs. Improvements include new plumbing, updated electrical systems, a 1,500-gallon grease trap and a separate kitchen for drive-through service. Two hood openings are already installed in the roof. The building has central heating and air conditioning, with public water and sewer service.
Located at 1407 Bienville Boulevard, the property is reported to see approximately 40,000 vehicles per day. The surrounding customer base described includes nearby residential neighborhoods, industrial employers, casino visitors, commuters and downtown Ocean Springs patrons.
Located at 1407 Bienville Boulevard, the property is reported to see approximately 40,000 vehicles per day. The surrounding customer base described includes nearby residential neighborhoods, industrial employers, casino visitors, commuters and downtown Ocean Springs patrons.
Key Highlights
- 2,940‑square‑foot restaurant property on 0.64 acres
- Separate kitchen dedicated to drive‑through operations
- 1,500‑gallon grease trap installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,472
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,440
$869.4K
Cap Rate 7%
$621,029
$621.0K
Cap Rate 9%
$483,022
$483.0K
Market Conditions
NOI Build-Up for 2,940 SF
Gross rent
$62.8K $21.36/SF
− Vacancy
−$4.8K −$1.64/SF
EGI
$58.0K $19.72/SF
− OpEx
−$14.5K −$4.93/SF
NOI
$43.5K $14.79/SF
Area
Jackson County, MS
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,440
Cap Rate 7%
$621,029
Cap Rate 9%
$483,022
Alternative Uses
Best Use
Specialty Retail
$621.0K
$543.4K – $724.5K
NOI $43,472 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$803.2K
$702.8K – $937.0K
NOI $56,222 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
40,000 VPD
Traffic count
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
1,140
Businesses Nearby
Explore this area
Business Placement
Demographics for 39564, MS
42,539
Population
18,908
Households
2.2
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
798
Density / Sq Mi
$77,300
Median Household Income
$43,754
Median Earnings
$1,314
Median Rent
$220,000
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 Retail in South region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Food-service improvements include updated building systems and a dedicated kitchen for drive-through operations.
Where is this drive through restaurant located?
The property is located at 1407 Bienville Boulevard Ocean Springs, MS.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,940‑square‑foot restaurant property on 0.64 acres; Separate kitchen dedicated to drive‑through operations; 1,500‑gallon grease trap installed
