Mixed-Use Residential and Warehouse

3222 Toncrey Road Diberville, MS 39540

Claim this Listing
For Sale
$416,000

MULTI_FAMILY - D'Iberville, MS

Property size:
3,549 SF
Lot size:
0.77 Acres
Price / SF:
$117/SF
Added:
May 31, 2026
Days on Market:
41
Last Refresh:
Jul 10 at 5:06 pm

Property Features for 3222 Toncrey Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1
Parking
6
Fireplace
1
Standard status
Active
APN
1408n-04-036.001
Size
3,549 SF
Lot size
0.77 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
BEG INTER S BIG RIDGE RD & E MAR RAMSEY SPRINGS S 1600 FT E 200 FT TO POB E 226.2 FT N 150 FT W 226.2 FT S 150 FT TO POB SEC 9-7-9
Tax Annual Amount
3163

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1968
Floors in Building
2
Roof type
Shingle

Listing agent Sandra French Rushing License #B24422

Listing office Fidelis Realty, LLC. 871 Howard Ave STE C, Gulfport, MS

Listing date May 31, 2026

MLS# 4151156 Listing URL

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.

This General Commercial-zoned property includes two residential structures and an on-site warehouse. One home is a 3-bedroom residence described at approximately 2,000 square feet and is ready for renovation. A second structure is a 2-bedroom cottage described at approximately 1,300 square feet and is move-in ready. In addition, the property offers a 30' x 60' warehouse that can support a range of storage and operating needs. The property is being sold as-is, and buyers should verify zoning, permitted uses, and all other information important to their plans.

The property is positioned in a highly visible location directly across from the entrance to D'Iberville High School Stadium on Toncrey Road in D'Iberville, Mississippi. It is described as having excellent road visibility.

A combined residential and warehouse setup provides flexibility for residential use, office use, rental income, or a commercial and residential combination, subject to buyer verification of permitted uses.

Key Highlights

  • General Commercial‑zoned property across from D'Iberville High School Stadium entrance
  • Two residential structures: ~2,000 SF 3‑bedroom home (ready for renovation) plus ~1,300 SF 2‑bedroom cottage (move‑in ready)
  • Includes a 30' x 60' warehouse for storage, operations, retail, service businesses, light industrial use, or expansion

Local Financial Insights For Warehouse

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 $30.7k $8.64
− Vacancy −$2.4k −$0.67
EGI $28.3k $7.97
− OpEx −$4.2k −$1.19
NOI $24.0k $6.77
3,549 SF · lease $8.64/SF/yr · vacancy 7.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$343.3K
$300.4K – $400.5K (±1% cap)
NOI $24,031 @ 7.0% cap · market cap 5.78%
Second Best
Multifamily LT 5
$319.1K
$279.2K – $372.3K (±1% cap)
NOI $22,336 @ 7.0% cap · market cap 5.37%
Theoretical Best
Healthcare Medical
$571.7K
$500.3K – $667.0K (±1% cap)
NOI $40,022 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Building Supply Dental Office Real Estate Agency Garden Center Big Box & Wholesale Store HVAC Service Electrical Service Hotel & Motel Veterinary Clinic

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

FAQs

What type of property is this?
Duplex - General Commercial-zoned property with two residences and a 30' x 60' warehouse, sold as-is.
Where is this duplex located?
The property is located at 3222 Toncrey Road Diberville, MS.
What is the asking price?
The asking price for this property is $416,000.
What are key features of this property?
This property features: General Commercial‑zoned property across from D'Iberville High School Stadium entrance; Two residential structures: ~2,000 SF 3‑bedroom home (ready for renovation) plus ~1,300 SF 2‑bedroom cottage (move‑in ready); Includes a 30' x 60' warehouse for storage, operations, retail, service businesses, light industrial use, or expansion
Contact an agent
More about this property
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