Medical Office with Patient
390 Courthouse Road, Gulfport, MS 39507
For Sale
$599,000
Pending
Commercial Sale, Gulfport, MS
Property Size2,464 SF
Lot Size0.41 Acres
Days on Market57
Property Features for 390 Courthouse Road
General Information
Property type
Property subtype
Bathrooms
Half bathrooms
Rooms
Parking
Parking features
Lot features
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Medical Specialty
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Flooring type
Roof type
Listing Agency:
RE/MAX Results In Real Estate, Inc. · RE/MAX International
(228) 388-4360
Listed By:
Leslie Suit · License MS S53734
(228) 341-4524
Added: Sep 14
Changed: Oct 29
Last Checked: Nov 9 at 8:06PM
MLS# 4162383
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.
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Investment Insights
Based on property information with market context.
This 2,464-square-foot medical office in Gulfport is arranged with five patient rooms, four of which have sinks. The floor plan also includes a lobby, reception area with built-in desks and counter space, two private offices, file storage, a kitchen and break room, and separate lobby and employee restrooms. Interior finishes include carpet, ceramic tile, and vinyl. The building was constructed in 1997, and interior furnishings are negotiable.
The 0.41-acre property fronts Courthouse Road, where approximately 8,400 vehicles pass daily. Highway 90/Beach Boulevard, Pass Road, and other Gulfport thoroughfares are accessible from the location. On-site parking is provided. Public water and sewer serve the property.
The 0.41-acre property fronts Courthouse Road, where approximately 8,400 vehicles pass daily. Highway 90/Beach Boulevard, Pass Road, and other Gulfport thoroughfares are accessible from the location. On-site parking is provided. Public water and sewer serve the property.
Key Highlights
- 2,464 square feet of medical office space on 0.41 acres
- Five patient rooms; four are equipped with sinks
- Reception area, two private offices, file room, kitchen/break room, and separate restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,787
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,740
$555.7K
Cap Rate 7%
$396,957
$397.0K
Cap Rate 9%
$308,744
$308.7K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$51.7K $21.00/SF
− Vacancy
−$5.4K −$2.21/SF
EGI
$46.3K $18.80/SF
− OpEx
−$18.5K −$7.52/SF
NOI
$27.8K $11.28/SF
Area
Harrison County, MS
Vacancy
10.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,740
Cap Rate 7%
$396,957
Cap Rate 9%
$308,744
Alternative Uses
Best Use
Healthcare Medical
$397.0K
$347.3K – $463.1K
NOI $27,787 @ 7.0% cap · market cap 4.64%
Second Best
Office B
$280.6K
$245.5K – $327.3K
NOI $19,639 @ 7.0% cap · market cap 3.28%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 39507, MS
17,724
Population
9,032
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
8.2 sq mi
ZIP Area
2,161
Density / Sq Mi
$49,459
Median Household Income
$37,660
Median Earnings
$1,121
Median Rent
$220,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Gulfport, MS
Properties on Market for Medical Office Space in Gulfport
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Mid South Veterinary Group: Craven Megan DVM — 204 Pass Rd A, Gulfport, MS 39507
- Gulfport Veterinary Hospital — 204 Pass Rd, Gulfport, MS 39507
- Spears Lee DVM — 204 Pass Rd, Gulfport, MS 39507
Frequently Asked Questions
What type of property is this?
Medical Office Space - Five patient rooms, four with sinks, form a functional clinical layout.
Where is this medical office space located?
The property is located at 390 Courthouse Road Gulfport, MS.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2,464 square feet of medical office space on 0.41 acres; Five patient rooms; four are equipped with sinks; Reception area, two private offices, file room, kitchen/break room, and separate restrooms
