Compact Storefront
For Sale
$159,000
5610 C L Dees Dr, Vancleave, MS 39565
Small-format commercial space suited to office, retail, salon, wellness, or specialty-shop use, subject to verification.
Property Size576 SF
Price / SF$276.04
Days on Market45
Property Features for 5610 C L Dees Dr
General Information
Standard status
Active
Size
576 SF
Taxes and HOA fees
Annual Taxes
$1,010
Listing Agency:
Keller Williams
(228) 218-9911
Listed By:
Christine L Hudson
(228) 218-9911
Source:
Exprealty
Added: Jun 24
Changed: Aug 5
Last Checked: Aug 5 at 7:36AM
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 Keller Williams
Investment Insights
Based on property information with market context.
This 576-square-foot storefront property is positioned for a range of small-business applications, including office, boutique retail, salon, wellness studio, tax or insurance office, contractor office, and specialty-shop uses. Its compact footprint may suit an owner-user or investor seeking a manageable commercial asset.
The property is located at 5610 C L Dees Dr in Vancleave, Mississippi. Zoning, permitted uses, and business requirements should be independently verified by the buyer.
The property is located at 5610 C L Dees Dr in Vancleave, Mississippi. Zoning, permitted uses, and business requirements should be independently verified by the buyer.
Key Highlights
- 576‑square‑foot storefront property
- Located at 5610 C L Dees Dr, Vancleave, MS
- Potential applications include office, boutique retail, salon, wellness studio, and specialty shop
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,195
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$163,900
$163.9K
Cap Rate 7%
$117,071
$117.1K
Cap Rate 9%
$91,056
$91.1K
Market Conditions
NOI Build-Up for 576 SF
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.
Gross rent
$13.8K $24.00/SF
− Vacancy
−$2.9K −$5.03/SF
EGI
$10.9K $18.97/SF
− OpEx
−$2.7K −$4.74/SF
NOI
$8.2K $14.23/SF
Area
Jackson County, MS
Vacancy
20.96%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$163,900
Cap Rate 7%
$117,071
Cap Rate 9%
$91,056
Alternative Uses
Best Use
Office B
$117.1K
$102.4K – $136.6K
NOI $8,195 @ 7.0% cap · market cap 5.15%
Second Best
Retail
$98.0K
$85.7K – $114.3K
NOI $6,857 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$157.4K
$137.7K – $183.6K
NOI $11,015 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39565, MS
19,972
Population
7,732
Households
2.6
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
274.6 sq mi
ZIP Area
73
Density / Sq Mi
$87,417
Median Household Income
$44,045
Median Earnings
$1,112
Median Rent
$204,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Small-format commercial space suited to office, retail, salon, wellness, or specialty-shop use, subject to verification.
Where is this storefront property located?
The property is located at 5610 C L Dees Dr Vancleave, MS.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: 576‑square‑foot storefront property; Located at 5610 C L Dees Dr, Vancleave, MS; Potential applications include office, boutique retail, salon, wellness studio, and specialty shop
