12251 Bernard Pkwy Gulfport, MS 39503-5086
- Parking lots & garages
- 30,444 SF
Current Use by Public Records
- Blue Cliff College - Gulfport / Beauty School / Educational Institution
- Blacklidge Emulsions, Inc. / Corporate Campus
Property Details for 12251 Bernard Pkwy
- Property size
- 30,444 SF
- Property type
- Parking lots & garages
- APN
- 0908P-02-001.004
- APU
- 0908P02001004
Description
This exceptional Class A medical office building, totaling 36,386 square feet, is situated at 12251 Bernard Parkway in Gulfport, Mississippi, zip code 39503, Harrison County. Built in 2007 and recently renovated in 2023 with approximately $2 million in upgrades, the property boasts a 6.02% cap rate and is priced at $7,900,000 (approximately $217 per square foot). Currently 100% occupied by Blue Cliff College under a new 15-year lease with a 3% annual rental increase, this investment presents an opportunity for accelerated depreciation. The building enjoys a highly visible location with 900 feet of frontage on I-10, providing excellent access and exposure. Blue Cliff College, established at this location since 2007, offers a diverse range of training programs including nursing, clinical medical assisting, dental assisting, health information management, billing and coding, cosmetology, and massage therapy. The property's APN is 0908P-02-001.000. This is a rare opportunity to acquire a high-quality, income-producing medical office building in a prime Gulf Coast location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.038
- Latitude
- 30.4425
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
