Functional Industrial Facility on
For Sale
Contact for pricing
8013 Highway 90, Moss Point, MS
Strategically located industrial facility with outdoor storage and highway access.
Property Size19,653 SF
Lot Size3.11 Acres
Price / SF$156.11
Days on Market398
Property Features for 8013 Highway 90
General Information
Standard status
Active
Size
19,653 SF
Lot size
3.11 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Matthews Real Estate Investment Services
(866) 889-0550
Listed By:
Eric Roggio
(310) 897-0809
Source:
Moodyscre
Added: Aug 13, 2025
Changed: Sep 2
Last Checked: Sep 13 at 10:15AM
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 Matthews Real Estate Investment Services
Investment Insights
Based on property information with market context.
This functional facility encompasses approximately 19,653 square feet and is situated on approximately 3.38 acres, resulting in a 13.36% building-to-lot coverage ratio. The property allows for ample outdoor storage opportunities with direct access to U.S. Route 90 (Hwy 90). It is also in close proximity to Interstate 10 (I-10). The Port of Mobile is positioned just 30 miles NE from the site. The property is leased by MRC Global (NYSE: MRC), a global distributor of pipe, valves, fittings (PVF) and infrastructure products and services. MRC Global recently announced it will be acquired by DNOW (NYSE: DNOW) in an all-stock transaction expected to close in the fourth quarter of 2025. Recent improvements have been made to the building’s structure and functionality. These include replacements of the roof and exterior wall panels, enhancements to the exterior concrete and parking lot, a comprehensive overhaul of the property’s drainage and water systems, installments of brand new dock levelers, as well as a complete overhaul of the building’s interior.
Key Highlights
- Strong Global Tenant: MRC Global (NYSE: MRC), a leading distributor with $3B+ in annual revenue.
- Upcoming Acquisition: MRC Global will be acquired by DNOW (NYSE: DNOW) in a $1.5B transaction.
- New Long‑Term Lease & Expansion: MRC Global committed to a new 7‑year Absolute NNN lease.
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
$154,736
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
5.04%
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%
$3,094,720
$3.1M
Cap Rate 7%
$2,210,514
$2.2M
Cap Rate 9%
$1,719,289
$1.7M
Market Conditions
NOI Build-Up for 19,653 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
$195.7K $9.96/SF
− Vacancy
−$13.7K −$0.70/SF
EGI
$182.0K $9.26/SF
− OpEx
−$27.3K −$1.39/SF
NOI
$154.7K $7.87/SF
Area
Jackson County, MS
Vacancy
7.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
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%
$3,094,720
Cap Rate 7%
$2,210,514
Cap Rate 9%
$1,719,289
Alternative Uses
Best Use
Warehouse
$2.21M
$1.93M – $2.58M
NOI $154,736 @ 7.0% cap · market cap 5.04%
Second Best
Industrial
$1.82M
$1.59M – $2.12M
NOI $127,429 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$5.37M
$4.70M – $6.26M
NOI $375,828 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial 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?
Distribution property - Strategically located industrial facility with outdoor storage and highway access.
Where is this distribution property located?
The property is located at 8013 Highway 90 Moss Point, MS.
What is the asking price?
The asking price for this property is $3,068,000.
What are key features of this property?
This property features: Strong Global Tenant: MRC Global (NYSE: MRC), a leading distributor with $3B+ in annual revenue.; Upcoming Acquisition: MRC Global will be acquired by DNOW (NYSE: DNOW) in a $1.5B transaction.; New Long‑Term Lease & Expansion: MRC Global committed to a new 7‑year Absolute NNN lease.
