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Property profile & analytics
OFF-MARKET
Medical Office Space

1720 Medical Park Dr Biloxi, MS 39532-2131

65,649 SF 9.8 ac lot Built 1999
Entity Owned Absentee Owner Free & Clear
Property ID
US50-0272010
Property summary
AI-generated overview

This exceptional 9,377 square foot medical office suite is located on the third floor of a three-story, 72,025 square foot building at 1720 Medical Park Dr, Biloxi, MS 39532. The building features convenient access to I-10 via the Cedar Lake exit, ample parking, and proximity to supporting amenities. Suite 340A offers a spacious layout ideal for patient consultations, examinations, and administrative functions. The building provides a professional environment prioritizing cleanliness and patient care. Electricity and water are included. This single-tenant space is part of a larger building with elevators and is situated near Medical Park Drive and Cedar Lake Rd. The building is locally owned and managed. This is a fantastic opportunity for medical practices seeking a well-appointed and conveniently located space to expand or relocate their operations. Flexible lease terms are available to accommodate various practice needs. Total vacant space in the building is 17,034 square feet, with other suites also available for lease. Three other suites are currently available: Suite 160 (4,747 sq ft), Suite 130A (4,527 sq ft), and Suite 330B (14,457 sq ft). This property presents a unique chance to establish or enhance a medical practice in a thriving Biloxi location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Total area 65,649 SF
Lot 9.8 ac (426,888 SF)
APN 1208P-01-002.000
UPID US50-0272010
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
Current use
Occupant on record · Public records
  • Dr. Joseph Owens Physician
  • Sinuplasty Physician
  • Dr. Fani B. Manney, MD Physician
  • Dr. Albert L. Diaz, MD Physician
  • Gulf Coast Childrens Clinic Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
CEDAR LAKE MEDICAL PLAZA LLC
CEDAR LAKE MEDICAL PLAZA LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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