Medical Office with Training
For Sale
$629,000
Pending
4509 Hospital Road, Pascagoula, MS 39581
Commercial Sale, Pascagoula, MS
Property Size4,713 SF
Lot Size0.35 Acres
Days on Market303
Property Features for 4509 Hospital Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Community Bus
Bathrooms
1
Half bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Off Street, Parking Lot
Exterior features
Rain Gutters
Accessibility
Accessible Approach with Ramp
Lot features
City Lot, City Lot
Directions
Heading East on Hwy 90/Denny Dr, take a left on Hospital Road and just after 1st Lieutenent Eugene J. Major Drive, it's on your left.
Standard status
Pending
APN
4-04-01-210.100
Size
4,713 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
COM NEC CL SEC 1 S 792' S 63* W 1515.20' S 457.47' TO POB ON W/MHOSPITAL ST S 68.5' S 89 DEG W 220.37' N 68.5' N 89 DEG E 220.37' TO POB DB 1614-881 (149 MAP861.01-01)
Tax Annual Amount
6245
Legal Description
COM NEC CL SEC 1 S 792' S 63* W 1515.20' S 457.47' TO POB ON W/MHOSPITAL ST S 68.5' S 89 DEG W 220.37' N 68.5' N 89 DEG E 220.37' TO POB DB 1614-881 (149 MAP861.01-01)
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
training room
employee break room
computer IT room
Building Details
Year built
2004
Floors in Building
1
Flooring type
Tile, Combination, Carpet
Roof type
Asphalt
Listing Agency:
Coldwell Banker Alfonso Realty-Lorraine Rd · Coldwell Banker Real Estate
(228) 287-1000
Listed By:
Carl A Larosa · License #S29641
(228) 669-4018
Added: Dec 10, 2025
Changed: Oct 8
Last Checked: Oct 9 at 3:06AM
MLS# 4133539
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.
Configured for professional medical use, this 4,713-square-foot property contains eight offices, a large training room, an employee break room with refrigerator, and a separate computer room. Carpet covers the offices, while tile is used in common areas. The building also has separate men’s and women’s restrooms, a security system, sprinkler system, two heating and cooling units, and a split system. Brick and stucco exterior finishes, gutters, and downspouts are in place. The property was built in 2004 and sits on 0.35 acres.
At 4509 Hospital Road in Pascagoula, the site is adjacent to Singing River Hospital and near other medical offices. MDOT reports daily traffic of 7,900 cars. On-site parking includes 21 spaces, one designated for accessible parking. A building sign, a wooden sign, and a mailbox are also included.
At 4509 Hospital Road in Pascagoula, the site is adjacent to Singing River Hospital and near other medical offices. MDOT reports daily traffic of 7,900 cars. On-site parking includes 21 spaces, one designated for accessible parking. A building sign, a wooden sign, and a mailbox are also included.
Key Highlights
- 4,713‑square‑foot medical office property on 0.35 acres
- Eight offices, plus a large training room and employee break room
- 21 parking spaces, including 1 handicapped‑designated space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,751
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,020
$1.1M
Cap Rate 7%
$796,443
$796.4K
Cap Rate 9%
$619,456
$619.5K
Market Conditions
NOI Build-Up for 4,713 SF
Gross rent
$100.7K $21.36/SF
− Vacancy
−$7.8K −$1.64/SF
EGI
$92.9K $19.72/SF
− OpEx
−$37.2K −$7.89/SF
NOI
$55.8K $11.83/SF
Area
Jackson County, MS
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,020
Cap Rate 7%
$796,443
Cap Rate 9%
$619,456
Alternative Uses
Best Use
Office B
$957.9K
$838.2K – $1.12M
NOI $67,053 @ 7.0% cap · market cap 10.66%
Second Best
Healthcare Medical
$796.4K
$696.9K – $929.2K
NOI $55,751 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,128 @ 7.0% cap · market cap 14.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
8
Office units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Well-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Eight offices, staff amenities, and dedicated parking support a range of professional medical practices.
Where is this medical office space located?
The property is located at 4509 Hospital Road Pascagoula, MS.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 4,713‑square‑foot medical office property on 0.35 acres; Eight offices, plus a large training room and employee break room; 21 parking spaces, including 1 handicapped‑designated space
