Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1511 Bienville Blvd Ocean Springs, MS 39564

    For Sale
    $1,850,000

    High-yield, 100% occupied medical building

    Property size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a single-tenant, Class A medical office building totaling 5,500 square feet, situated on a 15,000-square-foot lot in Ocean Springs, Mississippi. Constructed in 2021, the property boasts a modern design and is currently 100% occupied under a triple-net (NNN) lease with a prominent healthcare provider. The lease commenced March 1, 2021, and has a remaining term of approximately 6.3 years, extending to February 28, 2031, with two five-year renewal options. The building features 19 parking spaces and offers a strong net operating income (NOI) of $132,000, resulting in a compelling 7.14% capitalization rate. The asking price is $1,850,000, translating to $336.36 per square foot. This stabilized investment presents a low-maintenance, high-return opportunity in a prime medical location, benefiting from its proximity to key healthcare facilities and a growing market. The property's single-tenant occupancy and long-term lease provide significant stability and predictable cash flow for investors. The building's modern construction and excellent condition further enhance its appeal. This is a turnkey investment ready for immediate income generation.

    Property Features for 1511 Bienville Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    5,500 SF
    Class
    A

    Building Details

    Year Built
    2021
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 5,500 SF modern building
    • 100% occupancy with long‑term lease
    • 2021 construction, excellent condition
    • Prime Ocean Springs location
    • Low operating expenses
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Springs
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.818451305756
    Latitude
    30.416431220845

    Nearby Similar for Sale

    • $695,975
      1,764 SF

      Commercial Office Space For Sale

      Prime location with tenant in place, great investment opportunity.
      6200 Washington Ave, Ocean Springs, MS 39564
      View Details
    • $230,000
      Pending

      Ocean Springs Duplex For Sale

      Duplex in Ocean Springs with two 3-bedroom units.
      2420 Gladiolus St, Ocean Springs, MS 39564
      View Details
    • $364,000
      950 SF

      Downtown Ocean Springs Duplex Opportunity

      Duplex in the heart of downtown Ocean Springs.
      605/607 Russell Ave, Ocean Springs, MS 39564
      View Details
    • New
      $499,900
      1,344 SF

      Prime Highway 90 Commercial Opportunity

      High-visibility commercial property with golf cart district connectivity.
      1807 School St, Ocean Springs, MS 39564
      View Details
    • $1,350,000
      6,000 SF

      Ocean Springs Retail Opportunity

      Three parcels with a 6,000 SF building for sale.
      6514 Washington Ave, Ocean Springs, MS 39564
      View Details
    • $895,000
      1 SF

      Commercial Lot with Retail/Storage

      1.27 acre commercial lot with retail and storage.
      4025 Bienville Blvd, Ocean Springs, MS 39564
      View Details

    FAQs

    What type of property is this?
    Medical office - High-yield, 100% occupied medical building
    Where is this medical office located?
    The property is located at 1511 Bienville Blvd Ocean Springs, MS.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: 5,500 SF modern building; 100% occupancy with long-term lease; 2021 construction, excellent condition
    Request Owner's contact information
    1511 Bienville Blvd Ocean Springs, MS 39564
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1511 Bienville Blvd
    Ocean Springs, MS 39564
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1511 Bienville Blvd Ocean Springs, MS 39564
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.