Medical Office Building with 10
For Sale
$999,000
9344 Three Rivers Road, Gulfport, MS 39503
Commercial Sale, Gulfport, MS
Property Size9,542 SF
Lot Size0.90 Acres
Price / SF$104.70
Days on Market696
Property Features for 9344 Three Rivers Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
B2
Bathrooms
1
Half bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Subdivision
Metes And Bounds
Lot features
Level, City Lot, Rectangular Lot, Level, City Lot, Rectangular Lot
Directions
Directly behind (east side) the Super-Walmart
Standard status
Active
APN
0809k-01-001.031
Size
9,542 SF
Lot size
0.90 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
THAT PART OF LOT 12 THREE RIVERS BUSINESS PARK LYING E OF THREE RIVERS RD SEC 21-7-11
Tax Annual Amount
9598
Legal Description
THAT PART OF LOT 12 THREE RIVERS BUSINESS PARK LYING E OF THREE RIVERS RD SEC 21-7-11
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air, Electric
Water source
Public
Amenities
lobby
reception area
lounge/breakroom
X-ray room
conference room
physical therapy room
meeting/classroom
lab
Building Details
Year built
2000
Floors in Building
1
Flooring type
Tile, Laminate, Carpet
Roof type
Metal
Listing Agency:
Coldwell Banker Alfonso Realty-Lorraine Rd · Coldwell Banker Real Estate
(228) 287-1000
Listed By:
Sam Ford · License #B4936
(228) 424-8202
Added: Nov 18, 2024
Changed: Oct 8
Last Checked: Oct 15 at 9:06AM
MLS# 4097029
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 9,542-square-foot medical office property was built in 2000 and has a metal structure with a decorative front facade. Its interior includes a lobby and reception area, 10 offices, a conference room, meeting/classroom space, a lab, an X-ray room, and a physical therapy room. A lounge and breakroom, six storage and file rooms, and two bathrooms complete the layout. Tile, laminate, and carpet flooring are installed, with forced-air heating and central electric air conditioning. The owner plans to leave approximately 90% of the equipment and furnishings.
The property occupies 0.9 acres at 9344 Three Rivers Road in Gulfport. It sits east of Super-Walmart, is less than a mile from the I-10/Hwy 49 interchange, and is in an area with numerous medical offices. The parking lot provides 40 spaces, including staff parking at the rear. The owner may sell and lease back approximately 2,500 square feet.
The property occupies 0.9 acres at 9344 Three Rivers Road in Gulfport. It sits east of Super-Walmart, is less than a mile from the I-10/Hwy 49 interchange, and is in an area with numerous medical offices. The parking lot provides 40 spaces, including staff parking at the rear. The owner may sell and lease back approximately 2,500 square feet.
Key Highlights
- 9,542‑square‑foot medical office building on 0.9 acres
- Interior includes 10 offices, a lab, an X‑ray room, and a physical therapy room
- 40 parking spaces, with staff parking at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,054
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,521,080
$1.5M
Cap Rate 7%
$1,086,486
$1.1M
Cap Rate 9%
$845,044
$845.0K
Market Conditions
NOI Build-Up for 9,542 SF
Gross rent
$123.7K $12.96/SF
− Vacancy
−$22.3K −$2.33/SF
EGI
$101.4K $10.63/SF
− OpEx
−$25.4K −$2.66/SF
NOI
$76.1K $7.97/SF
Area
Harrison County, MS
Vacancy
18.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,521,080
Cap Rate 7%
$1,086,486
Cap Rate 9%
$845,044
Alternative Uses
Best Use
Healthcare Medical
$1.54M
$1.35M – $1.79M
NOI $107,605 @ 7.0% cap · market cap 10.77%
Second Best
Office B
$1.09M
$950.7K – $1.27M
NOI $76,054 @ 7.0% cap · market cap 7.61%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
480
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39503, MS
53,643
Population
22,533
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
92%
High-School Grad
114.3 sq mi
ZIP Area
469
Density / Sq Mi
$61,298
Median Household Income
$36,241
Median Earnings
$1,087
Median Rent
$193,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A 9,542-square-foot facility offers a range of clinical, administrative, and shared work areas.
Where is this medical office space located?
The property is located at 9344 Three Rivers Road Gulfport, MS.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 9,542‑square‑foot medical office building on 0.9 acres; Interior includes 10 offices, a lab, an X‑ray room, and a physical therapy room; 40 parking spaces, with staff parking at the rear
