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    Property profile & analytics

    1012 Government St Ocean Springs, MS 39564-3816

    • Retail space
    • 1,386 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Last Sale
    Jan 25, 2021
    Location Intelligence
    Property ID
    US50-0198448
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tall Architects / Architect
    • blog - TALL / Architect

    Property Details for 1012 Government St

    Year built
    1960
    Lot size
    0.08 lot acres
    Property size
    1,386 SF
    Property type
    Retail space
    APN
    60137444.000
    APU
    60137444000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Springs
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.827
    Latitude
    30.4134
    CBSA code
    25060
    CBSA name
    GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,348
    $12,969
    $10,018
    $22,987
    -
    $86,460
    $66,784
    $153,244

    Comparable in this City

    • Value Estimation by Request
      1,344 SF

      2754 Bienville Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,344 SF
      2754 Bienville Blvd, Ocean Springs, MS 39564-4369
      View Details
    • Value Estimation
      $315,000
      1,380 SF

      1811 Government St

      RETAIL STORES (PERSONAL SERVICES) • 1,380 SF
      1811 Government St, Ocean Springs, MS 39564-3942
      View Details
    • Value Estimation
      $335,000
      1,764 SF

      6200 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,764 SF
      6200 Washington Ave, Ocean Springs, MS 39564-2653
      View Details
    • Value Estimation by Request
      1,499 SF

      1221 Bienville Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,499 SF
      1221 Bienville Blvd, Ocean Springs, MS 39564-2911
      View Details
    • Value Estimation by Request
      9,000 SF

      4401 Bienville Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,000 SF
      4401 Bienville Blvd, Ocean Springs, MS 39564-5977
      View Details
    • Value Estimation by Request
      8,504 SF

      2426 Government St

      RETAIL STORES (PERSONAL SERVICES) • 8,504 SF
      2426 Government St, Ocean Springs, MS 39564-4134
      View Details

    Similar Nearby for Sale

    • $345,000

      Commercial Space on Government Street

      Prime location for office or retail in Ocean Springs.
      201 Walnut Dr, Ocean Springs, MS 39564
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    • $895,000
      1 SF

      Commercial Lot with Retail/Storage

      1.27 acre commercial lot with retail and storage.
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    • $1,350,000
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      Ocean Springs Retail Opportunity

      Three parcels with a 6,000 SF building for sale.
      6514 Washington Ave, Ocean Springs, MS 39564
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    • $66,000
      3,000 SF

      Ocean Springs Retail Build-to-Suit

      Prime 3,000 SF vacant lot, ideal for pharmacy.
      3082 Bienville Blvd, Ocean Springs, MS 39564
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    • $1,500,000
      4,400 SF

      Downtown Ocean Springs Restaurant Opportunity

      Restaurant property in the heart of downtown Ocean Springs.
      1223 Government St, Ocean Springs, MS 39564
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    • $1,250,000
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      Profitable Bar & Grill For Sale

      Bar and grill with real property in Ocean Springs.
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    Similar Nearby for Lease

    • $1,500 /Mo
      1,284 SF

      Retail Space in Ocean Springs

      Retail space available in a busy Ocean Springs location.
      3827 Bienville Blvd, Ocean Springs, MS 39564
      View Details
    • $9 SF/Yr
      14,137 SF

      Gulf Breeze Plaza Retail Space

      Prime Ocean Springs retail space available. High visibility, great location.
      2200 - 2226 Bienville Blvd, Ocean Springs, MS 39564
      View Details
    • Contact for pricing
      15,665 SF

      Ocean Springs Flex Space Available

      Prime Flex Space, 15,665 SF Available
      3100 Bienville Blvd, Ocean Springs, MS 39564
      View Details
    • $9 SF/Yr
      122,918 SF

      Gulf Breeze Plaza: Retail Opportunity

      Prime Ocean Springs Shopping Center Space
      2200 Bienville Blvd, Ocean Springs, MS 39564
      View Details
    • $7 SF/Yr
      14,137 SF

      Dynamic Shopping Center on Highway

      Well-kept shopping center with high visibility and ample parking.
      2200-2226 Bienville Blvd, Ocean Springs, MS 39564
      View Details
    • Contact for pricing
      1,392 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center with high traffic.
      3907 Bienville Blvd, Ocean Springs, MS 39564
      View Details
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    Ocean Springs, MS 39564-3816
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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