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Property profile & analytics
OFF-MARKET
Office Spaces

4211 Hospital Rd Pascagoula, MS 39581

125,000 SF Built 1975
Property ID
Property summary
AI-generated overview

This 125,000 square foot, three-story Class B medical office building, located at 4211 Hospital Rd, Pascagoula, MS 39581, is offered at $2,950,000 ($23.60/sq ft). Built in 1975 and extensively renovated in 2020, the property boasts new LED lighting, HVAC systems, and bathrooms. Currently, the building has 25% occupancy with three tenants: a cardiologist, chiropractor, and urgent care facility. The gross lease structure presents an opportunity for significant income growth. Its prime location directly across from Singing River Hospital in Jackson County's medical district offers substantial potential for attracting medical and related tenants. The high vacancy rate presents a chance to increase occupancy and maximize returns. This modernized facility is in excellent condition and ready for new tenants. All offers will be considered.

Property profile
Verified
Property type Office Spaces
Year built 1975
Total area 125,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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