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B2-Zoned Office Suite

Gulfport, MS 39501 Gulfport, MS 39501

New
Gulfport, MS, 39501
$99,000
For Sale
$99,000

COMMERCIAL - Gulfport, MS

Property Size1,120 SF
Lot Size0.40 Acres
Price / SF$88.39
Days on Market6

Property Features

General Information

Property type
Commercial Sale
Property subtype
Other
Bedrooms
2
Bathrooms
1
Rooms
Bedroom 1, Bedroom 2
Standard status
Active
Size
1,120 SF
Lot size
0.40 Acres

Building Details

Year built
1950
Listing Agency NextHome Simplicity
902 Howard Ave, Unit 1, MS
Listed by Erin Valencia Jermyn · License #50600,PersonLicenseNumber
Added: Jul 16 Updated: Jul 20 at 4:01 pm Checked: Jul 21 at 7:06 am
MLS# 4145059

Copyright © 2026 NextHome, Inc. 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 B2-zoned office suite offers 1,120 square feet of space within a versatile commercial property setting on a 0.40-acre lot. The configuration and frontage support a range of professional and service uses, including options such as a law office, real estate firm, insurance agency, administrative headquarters, salon, counseling or therapy practice, dental or medical office, and daycare center.

The property is located directly across from Gulfport Central Elementary School, behind a busy gas station, and offers visibility from highly traveled Pass Road.

The site includes room for parking and potential expansion given the lot size, making it a practical choice for tenants seeking a flexible professional footprint in the Gulfport area.

Key Highlights

  • B2‑zoned property with versatile use for a range of professional and service‑based businesses
  • Located directly across from Gulfport Central Elementary School
  • Visibility from highly traveled Pass Road, positioned behind a busy gas station

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 $14.5k $12.96
− Vacancy −$2.6k −$2.33
EGI $11.9k $10.63
− OpEx −$3.0k −$2.66
NOI $8.9k $7.97
1,120 SF · lease $12.96/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$127.5K
$111.6K – $148.8K (±1% cap)
NOI $8,927 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$180.4K
$157.9K – $210.5K (±1% cap)
NOI $12,630 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Day care centers

Similar Off Market Nearby

  • Divine Preschool Academy — 1260 28th St, Gulfport, MS 39501

FAQs

What type of property is this?
Day care center - B2-zoned 1,120 sq. ft. office suite on a 0.40-acre lot with visibility from Pass Road.
Where is this day care center located?
The property is located at Gulfport, MS.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: B2‑zoned property with versatile use for a range of professional and service‑based businesses; Located directly across from Gulfport Central Elementary School; Visibility from highly traveled Pass Road, positioned behind a busy gas station
Contact an agent
More about this property
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