Highway-Fronting Conventional
4505 Bienville Blvd, Ocean Springs, MS 39564
For Sale
$1,650,000
C-3-zoned restaurant with commercial cooking equipment, walk-in cold storage, and on-site parking.
Property Size6,153 SF
Price / SF$268.16
Days on Market156
Property Features for 4505 Bienville Blvd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Amenities
Power
Water
Sewer
Natural Gas
Vacant
80 Parking Spaces
Listing Agency:
ABEK Real Estate
Listed By:
Lawrence Haik
(985) 788-4993
Source:
Lacdb.resimplifi
Added: Jun 9
Changed: Nov 9
Last Checked: Nov 10 at 5:12AM
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 ABEK Real Estate
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Investment Insights
Based on property information with market context.
This 6,153 SF conventional restaurant was built in 2001 and is zoned C-3. The existing kitchen includes a 40-foot hood with integrated fire suppression, fryers, multiple stoves, a grill, commercial walk-in coolers and freezers, and two large commercial rotisserie smokers. The property is configured for restaurant operations with substantial installed kitchen infrastructure.
Located at 4505 Bienville Boulevard in Ocean Springs, the property fronts Highway 90, also identified as Bienville Boulevard, and occupies the corner of Lakeview Drive. A dedicated parking lot serves the site, with separate access points from both the highway and side street.
Located at 4505 Bienville Boulevard in Ocean Springs, the property fronts Highway 90, also identified as Bienville Boulevard, and occupies the corner of Lakeview Drive. A dedicated parking lot serves the site, with separate access points from both the highway and side street.
Key Highlights
- 6,153 SF conventional restaurant built in 2001
- C‑3 zoning
- Highway 90 frontage at the corner of Lakeview Drive
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,981
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,819,620
$1.8M
Cap Rate 7%
$1,299,729
$1.3M
Cap Rate 9%
$1,010,900
$1.0M
Market Conditions
NOI Build-Up for 6,153 SF
Gross rent
$131.4K $21.36/SF
− Vacancy
−$10.1K −$1.64/SF
EGI
$121.3K $19.72/SF
− OpEx
−$30.3K −$4.93/SF
NOI
$91.0K $14.79/SF
Area
Jackson County, MS
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,819,620
Cap Rate 7%
$1,299,729
Cap Rate 9%
$1,010,900
Alternative Uses
Best Use
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $90,981 @ 7.0% cap · market cap 5.51%
Second Best
Industrial
$569.9K
$498.7K – $664.9K
NOI $39,896 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,665 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 39564, MS
42,539
Population
18,908
Households
2.2
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
798
Density / Sq Mi
$77,300
Median Household Income
$43,754
Median Earnings
$1,314
Median Rent
$220,000
Median Home Value
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Market
Average Price Trend$/SF for Conventional restaurants in Jackson County, MS
Properties on Market for Conventional restaurants in Jackson County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - C-3-zoned restaurant with commercial cooking equipment, walk-in cold storage, and on-site parking.
Where is this conventional restaurant located?
The property is located at 4505 Bienville Blvd Ocean Springs, MS.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 6,153 SF conventional restaurant built in 2001; C‑3 zoning; Highway 90 frontage at the corner of Lakeview Drive
