Gulfport Mixed-Use Property For
For Sale
Contact for pricing
15380 5th Street, Gulfport, MS 39503
Versatile property zoned for residential and business use.
Property Size2,182 SF
Price / SF$96.24
Days on Market268
Property Features for 15380 5th Street
General Information
Standard status
Active
Size
2,182 SF
Property subtype
Special Purpose
Listing Agency:
Better Homes and Gardens Real Estate Expect Realty
Listed By:
Blake Nagy · License #MS
Source:
Crexi
Added: Nov 4, 2025
Changed: Jul 10
Last Checked: Jul 30 at 8:20AM
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 Better Homes and Gardens Real Estate Expect Realty
Investment Insights
Based on property information with market context.
Located on 5th Street in Gulfport, Mississippi, this property is zoned for both residential and business use. It is suitable for running a small business, setting up a home office, or creating a live-work space. The central location in Gulfport provides easy access to major highways, local shops, dining, and entertainment. The property offers visibility and accessibility, making it suitable for entrepreneurs, investors, or those looking to establish themselves in the area. The property has a spacious layout and a solid footprint. It is suited for a boutique, a professional office, or a residence. The property size is 2182 square feet.
Key Highlights
- Zoned for both residential and business use, offering flexibility.
- Central Gulfport location with easy access to major highways, local shops, dining, and entertainment.
- Great visibility and accessibility, ideal for entrepreneurs and investors.
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 | $28.3k | $12.96 |
| − Vacancy | −$5.1k | −$2.33 |
| EGI | $23.2k | $10.63 |
| − OpEx | −$5.8k | −$2.66 |
| NOI | $17.4k | $7.97 |
2,182 SF · lease $12.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$248.4K
$217.4K – $289.9K
NOI $17,391 @ 7.0% cap · market cap 8.28%
Second Best
Mixed Use
$220.9K
$193.3K – $257.8K
NOI $15,465 @ 7.0% cap · market cap 7.36%
Theoretical Best
Healthcare Medical
$351.5K
$307.6K – $410.1K
NOI $24,606 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
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
Properties on Market for Mixed-use properties in Gulfport
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile property zoned for residential and business use.
Where is this mixed-use property located?
The property is located at 15380 5th Street Gulfport, MS.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Zoned for both residential and business use, offering flexibility.; Central Gulfport location with easy access to major highways, local shops, dining, and entertainment.; Great visibility and accessibility, ideal for entrepreneurs and investors.
