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    Biloxi Flex Space For Rent Title is generated by Realmo AI

    200 Lameuse Street, Biloxi, MS 39530

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    43,000+ SF flex space in the heart of Biloxi.

    Type:Industrial
    Property size:
    43,460 SF
    Lot size:
    1.60 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    67
    Last Refresh:
    Mar 16 at 11:42 am

    Property Features for 200 Lameuse Street

    General Information

    Standard status
    Active
    Size
    43,460 SF
    Lot size
    1.60 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1934

    Spaces For Lease

    at 200 Lameuse Street Contact us

    $3 /Mo

    Size
    43,490 SF
    Type
    Industrial
    Contact us

    We can help!

    Listing Contact
    Carl LaRosa

    Listing agent Carl LaRosa License #MS

    Listing office Coldwell Banker Commercial Alfonso Realty, Inc.

    Listing date Mar 6, 2026

    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.

    HighLights

    • 43,000+ SF of office and warehouse space in Biloxi
    • Zoned light industrial
    • 11,000+ SF of clear span warehouse space with 22' eave height
    • Located on 1.6 acres with multiple rollup doors
    • Office space: 1,745 SF upstairs and 1,745 SF downstairs
    • Includes two out parcel buildings

    Overview

    This property offers over 43,000 square feet of office and warehouse space, zoned for light industrial use. Situated on 1.6 acres in Biloxi, it features multiple rollup doors and over 11,000 square feet of clear span warehouse space with a 22-foot eave height. The office space, located on the west side of the building, includes 1,745 square feet on the upper level and an additional 1,745 square feet on the lower level. The property is equipped with employee restrooms and a break room. A portion of the building is equipped with a sprinkler system. The total area of 43,460 square feet includes two outparcel buildings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Saucier Brothers Roofing ... Roofing Company

    Suggested Use

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

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

    Similar Places Nearby

    • TRIADSCREEDS1968¡ — 358 Reynoir St, Biloxi, MS 39530

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.8865031
    Latitude
    30.3995487

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    FAQs

    What type of property is this?
    Flex space - 43,000+ SF flex space in the heart of Biloxi.
    Where is this flex space located?
    The property is located at 200 Lameuse Street Biloxi, MS.
    What are key features of this property?
    This property features: 43,000+ SF of office and warehouse space in Biloxi; Zoned light industrial; **11,000+ SF of clear span warehouse space with 22' eave height**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Carl LaRosa
    Real Estate License ID: MS
    Learn More
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    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.

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