Conditioned Industrial Distribution
For Sale
$5,975,000
21405 B Street, Long Beach, MS 39560
Fully conditioned warehouse/distribution facility with rail access and excess land for expansion or storage.
Property Size88,638 SF
Price / SF$67.41
Days on Market176
Property Features for 21405 B Street
General Information
Standard status
Active
Size
88,638 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$40,325
Building Details
Building Size
88,638 SF
Year Built
1999
Stories
1
Listing Agency:
Southeast Commercial of MS, LLC
Listed By:
Tim Carlson · License #13267
(228) 547-0707
Source:
Evrealestate
Added: Apr 29
Changed: Oct 9
Last Checked: Oct 19 at 5:00AM
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 Southeast Commercial of MS, LLC
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Investment Insights
Based on property information with market context.
A fully conditioned industrial building totaling 88,638 SF, suited for manufacturing, warehousing, or distribution. The property also includes excess land that can support expansion or additional storage needs.
The site offers rail access and is located near Interstate 10 for transportation-oriented operations. It is positioned just minutes from the Port of Gulfport and the Gulfport-Biloxi International Airport, supporting regional connectivity.
Offered for sale as an industrial and manufacturing-focused facility, the property provides a practical Gulf Coast platform with both rail and highway access and the flexibility of additional land on-site.
The site offers rail access and is located near Interstate 10 for transportation-oriented operations. It is positioned just minutes from the Port of Gulfport and the Gulfport-Biloxi International Airport, supporting regional connectivity.
Offered for sale as an industrial and manufacturing-focused facility, the property provides a practical Gulf Coast platform with both rail and highway access and the flexibility of additional land on-site.
Key Highlights
- 88,638 SF fully conditioned industrial building for manufacturing, warehousing, or distribution.
- Rail access supports transportation and logistics operations.
- Excess land included for expansion or additional storage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$442,827
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,856,540
$8.9M
Cap Rate 7%
$6,326,100
$6.3M
Cap Rate 9%
$4,920,300
$4.9M
Market Conditions
NOI Build-Up for 88,638 SF
Gross rent
$691.4K $7.80/SF
− Vacancy
−$58.8K −$0.66/SF
EGI
$632.6K $7.14/SF
− OpEx
−$189.8K −$2.14/SF
NOI
$442.8K $5.00/SF
Area
Harrison County, MS
Vacancy
8.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,856,540
Cap Rate 7%
$6,326,100
Cap Rate 9%
$4,920,300
Alternative Uses
Best Use
Warehouse
$8.57M
$7.50M – $10.00M
NOI $600,183 @ 7.0% cap · market cap 10.04%
Second Best
Industrial
$6.33M
$5.54M – $7.38M
NOI $442,827 @ 7.0% cap · market cap 7.41%
Theoretical Best
Healthcare Medical
$14.28M
$12.49M – $16.66M
NOI $999,571 @ 7.0% cap · market cap 16.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 39560, MS
18,611
Population
8,429
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
94%
High-School Grad
20.3 sq mi
ZIP Area
917
Density / Sq Mi
$73,090
Median Household Income
$40,000
Median Earnings
$1,196
Median Rent
$210,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Fully conditioned warehouse/distribution facility with rail access and excess land for expansion or storage.
Where is this warehouse located?
The property is located at 21405 B Street Long Beach, MS.
What is the asking price?
The asking price for this property is $5,975,000.
What are key features of this property?
This property features: 88,638 SF fully conditioned industrial building for manufacturing, warehousing, or distribution.; Rail access supports transportation and logistics operations.; Excess land included for expansion or additional storage.
