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    Property profile & analytics

    14405 Stenum St Biloxi, MS 39532

    • Industrial properties
    • 4,349 SF
    • 0.67 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimations
    $400,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0384630
    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

    • Bella French Bully Puppies Near US / Dog Breeder

    Property Details for 14405 Stenum St

    Year built
    2003
    Lot size
    0.67 lot acres
    Property size
    4,349 SF
    Property type
    Industrial properties
    APN
    05060550.000
    APU
    5060550000

    Description

    This exceptional Biloxi, MS property offers 11,500 square feet of versatile commercial space, ideally suited for a variety of businesses. The property features a stunning 5,000 square foot office area, boasting a large showroom, multiple conference rooms, numerous private offices, two kitchenettes, several private bathrooms, an electrical room, and waiting areas. Enjoy incredible visibility from I-10, thanks to expansive glass windows providing ample natural light. The attached 6,500 square foot warehouse/shop includes five 12'x16' dock-high doors with front and rear roll-up doors, 22-foot ceilings, 240-amp 3-phase electrical service, and energy-efficient LED lighting. The entire 3.6-acre site provides a substantial laydown yard and extensive parking, easily accommodating vehicles and heavy equipment, with the structure designed to support cranes and heavy machinery. Built in 2003, this single-tenant property is zoned C3 and features a one-story building. The property's APN is 0-50-60-550.000, 0-50-60-551.000, 0-50-60-552.000. Located at 14405 Stenum St, Biloxi, MS 39532, this property presents a unique opportunity for businesses seeking a combination of office and warehouse space in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $275,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $470,000
      6.5%
      $435,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $455,000
      Market price range: $164k - $455k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $300,000
      Current use
      WAREHOUSE, STORAGE
      $375,000
      Change: +26% Conversion: Easy
      MEDICAL BUILDING
      $360,000
      Change: +20% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $355,000
      Change: +18% Conversion: Easy
      RETAIL STORES
      $350,000
      Change: +18% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.8502
    Latitude
    30.4531
    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
    $9,036
    $13,815
    $60,677
    $74,492
    -
    $92,100
    $404,512
    $496,612

    Comparable in this City

    • Value Estimation by Request
      4,100 SF

      14401 Cullen St

      Distribution properties • 4,100 SF
      14401 Cullen St, Biloxi, MS 39532
      View Details
    • Value Estimation
      $295,000
      3,080 SF

      14914 Mcclellan Rd

      CONSTRUCTION/CONTRACTING SERVICES • 3,080 SF
      14914 Mcclellan Rd, Biloxi, MS 39532-9715
      View Details
    • Value Estimation
      $325,000
      6,000 SF

      15513 Lemoyne Blvd

      CONSTRUCTION/CONTRACTING SERVICES • 6,000 SF
      15513 Lemoyne Blvd, Biloxi, MS 39532-5113
      View Details
    • Value Estimation by Request
      5,681 SF

      12760 Lorraine Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 5,681 SF
      12760 Lorraine Rd, Biloxi, MS 39532-9617
      View Details
    • Value Estimation by Request
      10,000 SF

      14405-A Stenum St

      Individual retail properties • 10,000 SF
      14405-A Stenum St, Biloxi, MS 39532
      View Details
    • Value Estimation
      $300,000
      4,029 SF

      14417 Cullen St

      CONSTRUCTION/CONTRACTING SERVICES • 4,029 SF
      14417 Cullen St, Biloxi, MS 39532-8902
      View Details

    Similar Nearby for Sale

    • $1,100,000

      Four-Unit Flex Building For Sale

      5,000 SF flex building, fully leased, recently renovated.
      14313 Stenum St, Biloxi, MS 39532
      View Details
    • $199,900
      87,120 SF

      Biloxi Commercial Land - Prime Location

      Two acres, zoned commercial, no flood insurance.
      13100 Hudson Krohn Rd, Biloxi, MS 39532
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    • $1,195,000
      6.10 Acres

      Prime Biloxi Land: 6 Acres

      6.1-acre commercial/residential lot, ideal location.
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    • $347,000
      16.80 Acres

      I-10 Commercial Land, Biloxi, MS

      16.8 Acres, prime I-10 location, high potential.
      0 Boss Husley Rd, Biloxi, MS 39532
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    • $99,900
      34 SF

      Land For Sale

      Land available for sale.
      Lorraine Rd, Biloxi, MS 39532
      View Details
    • $890,000
      6.91 Acres

      Waterfront Land with Bay Views

      6.9 acres of waterfront property with stunning bay views.
      15117 Hummingbird Ln, Biloxi, MS 39532
      View Details

    Similar Nearby for Lease

    • $1,635 /Mo
      1,067 SF

      New Construction Office Warehouse Suites

      Office warehouse flexspace for lease in Ocean Springs, MS.
      14313 Cullen St, Biloxi, MS 39532
      View Details
    • $1,100 /Mo
      1,000 SF

      Biloxi Commercial Unit For Lease

      Commercial unit available for lease in Biloxi, MS.
      458 Back Bay Blvd, Biloxi, MS 39532
      View Details
    • $20 SF/Yr
      11,500 SF

      Biloxi Commercial Property: Office & Warehouse

      11,500 SF Office/Warehouse, 3.6 Acres
      14405 Stenum St, Biloxi, MS 39532
      View Details
    • $26 SF/Yr
      72,025 SF

      Cedar Lake Medical Office Space

      Biloxi, MS medical office suites available
      1720 Medical Park Dr, Biloxi, MS 39532
      View Details
    • $1,400 /Mo
      1,200 SF

      Biloxi Office Space For Lease

      Office space for lease with road frontage visible from I-10.
      8579 W Oaklawn Rd, Biloxi, MS 39532
      View Details
    • $20 SF/Yr
      5,100 SF

      New Office Building on Popps Ferry

      New office building near Popps Ferry and Cedar Lake Road.
      1635 Popps Ferry Rd, Biloxi, MS 39532
      View Details
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    14405 Stenum St
    Biloxi, MS 39532
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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