Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Second Floor Retail Space Available Title is generated by Realmo AI

    1711 Market Street, Pascagoula, MS 39567

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Approximately 5,000 sq ft retail space for lease.

    Type:Retail, Land
    Property size:
    5,000 SF
    Added:
    Nov 2, 2021
    Days on Market:
    1663
    Last Refresh:
    May 12 at 10:16 pm

    Property Features for 1711 Market Street

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Property subtype
    Retail, Land

    Building Details

    Year Built
    1955

    Spaces For Lease

    at 1711 Market Street Contact us

    A $10/Mo

    Size
    5,000 SF
    Type
    Retail
    This unit is located on the 2nd floor of the building. Stairs on the North and also...
    show more
    Contact us

    E $9/Mo

    Size
    2,400 SF
    Type
    Retail
    Located on 1st floor End Unit. Offer 2 ADA Quailifed Restrooms. Lessee to verify...
    show more
    Contact us

    We can help!

    Listing Contact
    Sammy Abbey

    Listing agent Sammy Abbey

    Listing office Coldwell Banker Commercial Alfonso Realty, Inc. Pascagoula

    Listing date Nov 2, 2021

    Source Crexi

    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 Commercial Alfonso Realty, Inc. Pascagoula

    HighLights

    • Lessor will build to suit
    • Lessor will pay Water and Sewer
    • Approx 5,000 sq ft
    • Located on the 2nd floor
    • Stairs on the North and South side
    • Year Built: 1955

    Overview

    Located on the second floor, this retail space offers approximately 5,000 square feet of area. Access is provided by stairs on both the north and south sides of the building. There is no elevator. The lessor is willing to build to suit, and the final lease amount may vary depending on the build-out specifications. The lessor covers water and sewer expenses. The lessee is responsible for electricity, content and liability insurance, and dumpster fees. Prospective lessees are advised to verify zoning regulations to ensure their intended use is permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Clocked Out Sports ... Bar & Pub Oyster House Restaurant Afredanz Dance Center Training Center Pascagoula Nutrition Cafe & Coffee Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pascagoula
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.5488847
    Latitude
    30.352987

    Nearby Similar for Lease

    • $21,840 SF/Yr
      1,120 SF

      Pascagoula Office Space Available

      Office space for rent in a great Pascagoula location.
      1010 Denny Avenue, Pascagoula, MS 39567
      View Details
    • $350/Mo
      89 SF

      Renovated Executive Office Suites

      Modern office suites in Pascagoula's thriving business district.
      912 Convent Avenue lot: 5, Pascagoula, MS 39567
      View Details
    • $1,000/Mo
      237 SF

      Renovated Executive Office Suites

      Modern office suites in Pascagoula's business district.
      912 Convent Avenue lot: 5, #6, & #7, Pascagoula, MS 39567
      View Details
    • $1,750/Mo
      1,500 SF

      Pascagoula Office Space For Rent

      Office space in prime Pascagoula location, suitable for various businesses.
      3664 14th Street lot: Suite B, Pascagoula, MS 39567
      View Details
    • $1,000/Mo
      750 SF

      Updated Triplex Apartment For Rent

      Recently updated 2-bedroom, 1-bath apartment in a quiet triplex.
      2214 22nd Street, Unit A, Pascagoula, MS 39581
      View Details
    • $39,950 SF/Yr

      Pascagoula Retail Redevelopment Opportunity

      0.85-acre parcel ideal for retail, restaurant, or service development.
      3841 Market St, Pascagoula, MS 39567
      View Details
    • $39,950 SF/Yr

      Pascagoula Retail Redevelopment Opportunity

      0.85-acre parcel ideal for retail, restaurant, or service development.
      3841 Market St, Pascagoula, MS 39567
      View Details
    • Contact for pricing
      3,000 SF

      Remodeled Retail/Office Space Available

      Newly remodeled 3,000 SF space suitable for retail or office.
      1809 Denny Ave, Pascagoula, MS
      View Details
    • $18 SF/Yr

      3,200 SF Prominent Denny Ave Retail Space For Lease

      3,200 SF retail space in Pascagoula's Singing River Village.
      4501 - 4511 Denny Ave, Pascagoula, MS 39581
      View Details
    • Contact for pricing
      4,800 SF

      New Retail Development For Rent

      New retail development with high visibility and multiple access points.
      1005 Denny Ave, Pascagoula, MS
      View Details
    • Contact for pricing

      Retail Development Opportunity in Pascagoula

      New retail development site at a signalized intersection.
      1202 Kenneth Ave, Pascagoula, MS
      View Details
    • Contact for pricing

      Pascagoula Office/Retail Space Available

      Open office space in a multi-tenant building with great visibility.
      3806 Hospital Rd, Pascagoula, MS 39581
      View Details

    FAQs

    What type of property is this?
    Retail space - Approximately 5,000 sq ft retail space for lease.
    Where is this retail space located?
    The property is located at 1711 Market Street Pascagoula, MS.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Lessor will build to suit; Lessor will pay Water and Sewer; Approx **5,000 sq ft**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sammy Abbey
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1711 Market Street, Pascagoula, MS 39567
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!