Corner Storefront
For Sale
$389,000
3717 Hospital Road lot 69, Pascagoula, MS 39581
Commercial Sale, Pascagoula, MS
Property Size2,000 SF
Lot Size0.33 Acres
Price / SF$162.08
Days on Market427
Property Features for 3717 Hospital Road lot 69
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Subdivision
Metes And Bounds
Lot features
Corner Lot, Corner Lot
Directions
Driving west on Hwy. 90/Denny Ave. Take a right on Hospital Street, first building over the railroad tracks to your right.
Standard status
Active
APN
4-17-02-989.092
Size
2,400 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BEG S/M L & N RR & W/M HOSPITALRD S 18 DEG E 113.3' SWLY 160' M/L N TO S/M L & N RR NELY TO POBPT LOT 69 S KREBS TR DB 1957-342 (STORE #0001588) (56 MAP861.01-04)
Tax Annual Amount
1765
Legal Description
BEG S/M L & N RR & W/M HOSPITALRD S 18 DEG E 113.3' SWLY 160' M/L N TO S/M L & N RR NELY TO POBPT LOT 69 S KREBS TR DB 1957-342 (STORE #0001588) (56 MAP861.01-04)
Utilities
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Listing Agency:
Coastal Realty Group
(228) 280-8026
Listed By:
Trinity R Walker · License #S56126
(228) 424-1040
Added: Aug 7, 2025
Changed: Aug 26
Last Checked: Oct 7 at 4:06AM
MLS# 4121829
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 metal storefront property was built in 1985 and features a clear-span interior with an open floor plan. The building previously served as a boot shop and service business, with one bathroom and public water service. Its adaptable configuration supports a range of commercial layouts, subject to applicable approvals.
The property occupies a 0.33-acre site at the corner of Highway 90 and Hospital Road in Pascagoula. A railroad right-of-way runs along the north side, with no development planned beyond it according to the property information. The corner position provides access from both adjoining roads, while the open building design allows flexibility for retail, service, workshop, or other commercial applications.
The property occupies a 0.33-acre site at the corner of Highway 90 and Hospital Road in Pascagoula. A railroad right-of-way runs along the north side, with no development planned beyond it according to the property information. The corner position provides access from both adjoining roads, while the open building design allows flexibility for retail, service, workshop, or other commercial applications.
Key Highlights
- 0.33‑acre commercial site at the corner of Highway 90 and Hospital Road
- Clear‑span metal building with an open floor plan
- Railroad right‑of‑way along the north side
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,756
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,120
$615.1K
Cap Rate 7%
$439,371
$439.4K
Cap Rate 9%
$341,733
$341.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$51.3K $21.36/SF
− Vacancy
−$3.9K −$1.64/SF
EGI
$47.3K $19.72/SF
− OpEx
−$16.6K −$6.90/SF
NOI
$30.8K $12.81/SF
Area
Jackson County, MS
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,120
Cap Rate 7%
$439,371
Cap Rate 9%
$341,733
Alternative Uses
Best Use
Flex RnD
$439.4K
$384.5K – $512.6K
NOI $30,756 @ 7.0% cap · market cap 7.91%
Second Best
Retail
$408.1K
$357.1K – $476.2K
NOI $28,570 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$655.7K
$573.7K – $764.9K
NOI $45,896 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,031
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39581, MS
11,512
Population
5,411
Households
2.1
Avg Household Size
35
Median Age
18%
College-Educated
86%
High-School Grad
14.0 sq mi
ZIP Area
822
Density / Sq Mi
$37,571
Median Household Income
$26,774
Median Earnings
$892
Median Rent
$125,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Open clear-span layout with dual-street access at Highway 90 and Hospital Road.
Where is this storefront property located?
The property is located at 3717 Hospital Road lot 69 Pascagoula, MS.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 0.33‑acre commercial site at the corner of Highway 90 and Hospital Road; Clear‑span metal building with an open floor plan; Railroad right‑of‑way along the north side
