Industrial Flex Facility with Office
For Sale
$425,000
6500 Baker Rd, Ocean Springs, MS 39564
Flex-style commercial space offers office and warehouse areas with direct access off Hwy 57.
Property Size5,716 SF
Price / SF$74.35
Days on Market95
Property Features for 6500 Baker Rd
General Information
Standard status
Active
Size
5,716 SF
Building Details
Year Built
1973
Listing Agency:
Epique
Listed By:
Justin Britt · License #S52358
(601) 382-2201
Source:
Fiorellaavenue
Added: Jul 20
Changed: Oct 8
Last Checked: Oct 7 at 3:36PM
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 Epique
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Investment Insights
Based on property information with market context.
This industrial flex facility provides over 4,000 square feet of commercial space with a combination of office and warehouse areas. The property is offered for sale and is also available for lease under MLS #4145746.
The site is located right off Hwy 57 in Ocean Springs and features I-10 frontage. Public remarks indicate approximately 400 feet of Interstate frontage and significant daily traffic.
The layout supports both business operations and office functionality, making the property suitable for users seeking on-site space for administrative and warehousing needs.
The site is located right off Hwy 57 in Ocean Springs and features I-10 frontage. Public remarks indicate approximately 400 feet of Interstate frontage and significant daily traffic.
The layout supports both business operations and office functionality, making the property suitable for users seeking on-site space for administrative and warehousing needs.
Key Highlights
- Over 4,000 sq ft of flex‑style commercial space in Ocean Springs
- Direct access off Hwy 57
- About 400 ft of Interstate frontage with heavy daily traffic visibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,062
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,240
$741.2K
Cap Rate 7%
$529,457
$529.5K
Cap Rate 9%
$411,800
$411.8K
Market Conditions
NOI Build-Up for 5,716 SF
Gross rent
$56.9K $9.96/SF
− Vacancy
−$4.0K −$0.70/SF
EGI
$52.9K $9.26/SF
− OpEx
−$15.9K −$2.78/SF
NOI
$37.1K $6.48/SF
Area
Jackson County, MS
Vacancy
7.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,240
Cap Rate 7%
$529,457
Cap Rate 9%
$411,800
Alternative Uses
Best Use
Flex RnD
$1.05M
$915.6K – $1.22M
NOI $73,250 @ 7.0% cap · market cap 17.24%
Second Best
Warehouse
$642.9K
$562.6K – $750.1K
NOI $45,004 @ 7.0% cap · market cap 10.59%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,308 @ 7.0% cap · market cap 25.72%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
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
Frequently Asked Questions
What type of property is this?
Flex space - Flex-style commercial space offers office and warehouse areas with direct access off Hwy 57.
Where is this flex space located?
The property is located at 6500 Baker Rd Ocean Springs, MS.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Over 4,000 sq ft of flex‑style commercial space in Ocean Springs; Direct access off Hwy 57; About 400 ft of Interstate frontage with heavy daily traffic visibility
