Heavy Industrial Truck
For Sale
Contact for pricing
980 Motsie Road, Biloxi, MS 39532
Industrial facility on 16.9 acres with fenced yard, multiple overhead cranes, and 15 grade-level overhead doors.
Property Size53,600 SF
Lot Size6.90 Acres
Price / SF$72.76
Days on Market102
Property Features for 980 Motsie Road
General Information
Standard status
Active
Size
53,600 SF
Lot size
6.90 Acres
Property subtype
Industrial
Zoning
B-5 - General Business District (High Intensity)
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
22 ft
Drive-In Doors
15
Heavy Power
Yes
Building Details
Year Built
1976
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
(208) 287-8904
Listed By:
Stephen Fife · License #SP48765
Source:
Crexi
Added: May 12
Changed: Aug 14
Last Checked: Aug 20 at 5:21PM
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 Cushman & Wakefield - Phoenix, Arizona
Investment Insights
Based on property information with market context.
Heavy industrial truck terminal on 16.9 acres with concrete tilt-wall construction, a fully fenced and secured, illuminated yard, and landscaped I-10 frontage. The facility includes 153,600 square feet of industrial space and 10,395 square feet of combined office space, consisting of a main office, parts and service office, and warehouse office.
Operations are supported by a 20’ clear height general shop with floor drains and multiple overhead cranes, plus a truck maintenance building with 22’ clear heights. Additional operational features include seven drive-through bays, a mechanic pit, and 15 oversized grade-level overhead doors. Improvements also include an engine storage area, paint booth, and a dedicated parts warehouse with covered dock access.
The property has 1,599 feet of frontage along Interstate 10 and is located at the intersection of Motsie Road and Popp’s Ferry Road. It is served by 1,600 Amps, 277/480V 3-phase power, City of Biloxi water and sewer, and is zoned B-5 General Business District (High Intensity).
Operations are supported by a 20’ clear height general shop with floor drains and multiple overhead cranes, plus a truck maintenance building with 22’ clear heights. Additional operational features include seven drive-through bays, a mechanic pit, and 15 oversized grade-level overhead doors. Improvements also include an engine storage area, paint booth, and a dedicated parts warehouse with covered dock access.
The property has 1,599 feet of frontage along Interstate 10 and is located at the intersection of Motsie Road and Popp’s Ferry Road. It is served by 1,600 Amps, 277/480V 3-phase power, City of Biloxi water and sewer, and is zoned B-5 General Business District (High Intensity).
Key Highlights
- Industrial facility built in 1976 on 16.9 acres with 1,599 ft of I‑10 frontage in Biloxi
- 15,360 SF industrial shop area with 20’ clear height, floor drains, and multiple overhead cranes
- Truck maintenance building with 22’ clear height, mechanic pit, and seven drive‑through bays
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
$267,780
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
6.87%
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%
$5,355,600
$5.4M
Cap Rate 7%
$3,825,429
$3.8M
Cap Rate 9%
$2,975,333
$3.0M
Market Conditions
NOI Build-Up for 53,600 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
$418.1K $7.80/SF
− Vacancy
−$35.5K −$0.66/SF
EGI
$382.5K $7.14/SF
− OpEx
−$114.8K −$2.14/SF
NOI
$267.8K $5.00/SF
Area
Harrison County, MS
Vacancy
8.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
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%
$5,355,600
Cap Rate 7%
$3,825,429
Cap Rate 9%
$2,975,333
Alternative Uses
Best Use
Warehouse
$5.18M
$4.54M – $6.05M
NOI $362,935 @ 7.0% cap · market cap 9.31%
Second Best
Industrial
$3.83M
$3.35M – $4.46M
NOI $267,780 @ 7.0% cap · market cap 6.87%
Theoretical Best
Healthcare Medical
$8.63M
$7.56M – $10.07M
NOI $604,447 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
15
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
476
Businesses Nearby
Explore this area
Business Placement
Demographics for 39532, MS
34,348
Population
15,466
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
86%
High-School Grad
82.2 sq mi
ZIP Area
418
Density / Sq Mi
$65,892
Median Household Income
$40,751
Median Earnings
$1,098
Median Rent
$227,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Truck terminal - Industrial facility on 16.9 acres with fenced yard, multiple overhead cranes, and 15 grade-level overhead doors.
Where is this truck terminal located?
The property is located at 980 Motsie Road Biloxi, MS.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Industrial facility built in 1976 on 16.9 acres with 1,599 ft of I‑10 frontage in Biloxi; 15,360 SF industrial shop area with 20’ clear height, floor drains, and multiple overhead cranes; Truck maintenance building with 22’ clear height, mechanic pit, and seven drive‑through bays
