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    Flex Industrial Complex with Offices Title is generated by Realmo AI

    995 N Halstead Rd, Ocean Springs, MS 39564

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    For Sale
    $1,580,000

    Three-building flex/industrial complex with mixed office and storage, secured access, and regional commercial zoning.

    Property size:
    9,550 SF
    Lot size:
    1.17 Acres
    Price / SF:
    $165/SF
    Added:
    Apr 21, 2026
    Days on Market:
    67
    Last Refresh:
    Jun 25 at 9:30 pm

    Property Features for 995 N Halstead Rd

    General Information

    Standard status
    Active
    Size
    9,550 SF
    Lot size
    1.17 Acres

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    Kimberlee E Williams
    Kimberlee E Williams

    Listing office RE/MAX Real Estate Partners

    Listing date Apr 21, 2026

    Source Exprealty

    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 RE/MAX Real Estate Partners

    HighLights

    • Three‑building flex/industrial complex on a 1.17‑acre site (3 parcels) with approx. 9,550 SF total gross building area
    • North building totals approx. 6,300 SF—the largest of the three buildings
    • South building totals approx. 1,500 SF with mixed office and storage space
    • East building is approx. 1,750 SF steel frame with a mezzanine level built on timber piles and steel girders for low ground
    • Security features include an electric gate, security systems, and upgraded electrical features; includes 2 offices and 4 bathrooms
    • Zoned Regional Commercial C‑H; East building is in a flood zone while the rest of the property and other two buildings are not

    Overview

    This centrally located flex/industrial complex sits on a 1.17-acre site made up of three parcels and includes three buildings totaling approximately 9,550 square feet of gross building area. The North Building is the largest at approximately 6,300 square feet. The South Building provides about 1,500 square feet of mixed office and storage space. The East Building is a 1,750 square-foot steel frame structure with a mezzanine level built on timber piles and steel girders to address low ground conditions along the eastern boundary; this building is in a flood zone while the rest of the property and the other two buildings are not.

    The property includes an electric gate and upgraded electrical features, along with security systems, two offices, and four bathrooms across the complex. It is zoned Regional Commercial C-H.

    For tenants or operators looking for flexible space that can support both work and administration, the combination of storage-focused buildings and mixed-use office/storage area can help accommodate a range of industrial and light commercial needs. The mezzanine in the East Building adds additional internal space planning options, while the secured entrance supports controlled access to the site.

    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 $229.2k $24.00
    − Vacancy −$48.0k −$5.03
    EGI $181.2k $18.97
    − OpEx −$45.3k −$4.74
    NOI $135.9k $14.23
    9,550 SF · lease $24.00/SF/yr · vacancy 20.96% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.94M
    $1.70M – $2.26M (±1% cap)
    NOI $135,870 @ 7.0% cap · market cap 8.60%
    Second Best
    Flex RnD
    $1.75M
    $1.53M – $2.04M (±1% cap)
    NOI $122,383 @ 7.0% cap · market cap 7.75%
    Theoretical Best
    Office A
    $2.61M
    $2.28M – $3.04M (±1% cap)
    NOI $182,627 @ 7.0% cap · market cap 11.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Primary Pharmaceuticals, Inc Factory

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Springs
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.7992325
    Latitude
    30.4130801

    FAQs

    What type of property is this?
    Flex space - Three-building flex/industrial complex with mixed office and storage, secured access, and regional commercial zoning.
    Where is this flex space located?
    The property is located at 995 N Halstead Rd Ocean Springs, MS.
    What is the asking price?
    The asking price for this property is $1,580,000.
    What are key features of this property?
    This property features: Three‑building flex/industrial complex on a 1.17‑acre site (3 parcels) with approx. 9,550 SF total gross building area; North building totals approx. 6,300 SF—the largest of the three buildings; South building totals approx. 1,500 SF with mixed office and storage space
    More about this property
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