Highway Flex Space with
For Sale
$2,800,000
8201 Hwy 63, Moss Point, MS 39562
Two buildings provide adaptable commercial space with room for outdoor storage or equipment staging.
Property Size10,300 SF
Lot Size25.00 Acres
Price / SF$271.84
Days on Market9
Property Features for 8201 Hwy 63
General Information
Standard status
Active
Size
10,300 SF
Lot size
25.00 Acres
Zoning
Agricultural
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Building Details
Year Built
1986
Buildings
2
Listing Agency:
Cumbest Realty
(228) 219-2376
Listed By:
Mark Cumbest · License #B4198
Source:
Fiorellaavenue
Added: Aug 21
Changed: Aug 28
Last Checked: Aug 25 at 4:35AM
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 Cumbest Realty
Investment Insights
Based on property information with market context.
This flex property includes two existing buildings totaling approximately 10,300 square feet on approximately 25 acres. The site offers room for fleet or equipment parking, laydown activities, outdoor storage, and future expansion, subject to applicable approvals. It is currently zoned Agricultural, and any required variance, special exception, or zoning change must be pursued through Jackson County.
The property fronts Highway 63 with approximately 699 feet of frontage and includes an existing highway traffic cut. Interstate 10 is approximately 1.3 miles south, while the site is west of Trent Lott International Airport. The southwest corner also connects to Mimosa Drive, which provides access to Highway 613.
The property fronts Highway 63 with approximately 699 feet of frontage and includes an existing highway traffic cut. Interstate 10 is approximately 1.3 miles south, while the site is west of Trent Lott International Airport. The southwest corner also connects to Mimosa Drive, which provides access to Highway 613.
Key Highlights
- Two existing buildings totaling approximately 10,300 square feet
- Approximately 25 acres with space for equipment parking, laydown, and outdoor storage
- Approximately 699 feet of frontage on Highway 63
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
$131,994
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
4.71%
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%
$2,639,880
$2.6M
Cap Rate 7%
$1,885,629
$1.9M
Cap Rate 9%
$1,466,600
$1.5M
Market Conditions
NOI Build-Up for 10,300 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
$220.0K $21.36/SF
− Vacancy
−$16.9K −$1.64/SF
EGI
$203.1K $19.72/SF
− OpEx
−$71.1K −$6.90/SF
NOI
$132.0K $12.81/SF
Area
Jackson County, MS
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
35.00%
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%
$2,639,880
Cap Rate 7%
$1,885,629
Cap Rate 9%
$1,466,600
Alternative Uses
Best Use
Flex RnD
$1.89M
$1.65M – $2.20M
NOI $131,994 @ 7.0% cap · market cap 4.71%
Second Best
Warehouse
$1.16M
$1.01M – $1.35M
NOI $81,096 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,969 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39562, MS
16,780
Population
7,717
Households
2.2
Avg Household Size
43
Median Age
13%
College-Educated
82%
High-School Grad
201.6 sq mi
ZIP Area
83
Density / Sq Mi
$55,602
Median Household Income
$46,224
Median Earnings
$976
Median Rent
$158,100
Median Home Value
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?
Flex space - Two buildings provide adaptable commercial space with room for outdoor storage or equipment staging.
Where is this flex space located?
The property is located at 8201 Hwy 63 Moss Point, MS.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Two existing buildings totaling approximately 10,300 square feet; Approximately 25 acres with space for equipment parking, laydown, and outdoor storage; Approximately 699 feet of frontage on Highway 63
