10278 Corporate Drive, Gulfport, MS 39503
Office warehouse with climate-controlled storage and covered loading area.
- Added:
- Aug 28, 2024
- Days on Market:
- 679
- Last Refresh:
- Jul 4 at 1:19 pm
Property Features for 10278 Corporate Drive
General Information
- Standard status
- Active
- Size
- 8,978 SF
- Lot size
- 1.00 Acre
- Property subtype
- Office
Building Details
- Year Built
- 2010
Listing office Coldwell Banker Commercial Alfonso Realty, Inc. (228) 287-1200
Listing date Aug 28, 2024
Source Crexi
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 Coldwell Banker Commercial Alfonso Realty, Inc.
HighLights
- Prime location: Just south of Interstate 10 off Seaway Road in Gulfport.
- Substantial size: 8,963 SqFt gross building area on a one‑acre parcel.
- Flexible space: Combination of office (6,458 SqFt) and warehouse (2,505 SqFt) areas.
- Includes a large 1,358 SqFt climate‑controlled storage area.
- Modern construction: Built in 2011 and expanded in 2013.
- Features a 23 x 50 covered delivery/unloading area.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.4k | $12.96 |
| − Vacancy | −$20.9k | −$2.33 |
| EGI | $95.4k | $10.63 |
| − OpEx | −$23.9k | −$2.66 |
| NOI | $71.6k | $7.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.0422097
- Latitude
- 30.4382764