Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    17971 16th St Gulfport, MS 39503-8485

    • Office Properties & Spaces
    • 762 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0066531
    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

    • Bay Berry RV Park / Campground / Rv Park

    Property Details for 17971 16th St

    Year built
    2001
    Lot size
    0.36 lot acres
    Property size
    762 SF
    Property type
    Office Properties & Spaces
    APN
    0709E-01-019.000
    APU
    0709E01019000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Harrison
    State
    Mississippi
    Longitude
    -89.1353
    Latitude
    30.4277
    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
    $2,566
    $0.00
    $0.00
    $26,113
    -
    $12,600
    $161,484
    $174,084

    Comparable in this City

    • Value Estimation by Request
      9,658 SF

      14094 Customs Blvd

      OFFICE (GENERAL) • 9,658 SF
      14094 Customs Blvd, Gulfport, MS 39503-4775
      View Details
    • Value Estimation by Request
      9,640 SF

      14108 Customs Blvd

      OFFICE (GENERAL) • 9,640 SF
      14108 Customs Blvd, Gulfport, MS 39503-4737
      View Details
    • Value Estimation by Request
      6,330 SF

      11130 Canal Rd

      OFFICE (GENERAL) • 6,330 SF
      11130 Canal Rd, Gulfport, MS 39503-1145
      View Details
    • Value Estimation by Request
      768 SF

      17917 16th St

      OFFICE (GENERAL) • 768 SF
      17917 16th St, Gulfport, MS 39503-8485
      View Details
    • Value Estimation by Request
      9,888 SF

      9414 3rd Rivers Rd

      OFFICE (GENERAL) • 9,888 SF
      9414 3rd Rivers Rd, Gulfport, MS 39503-4096
      View Details
    • Value Estimation by Request
      1,198 SF

      16113 Orange Grv Rd

      OFFICE (GENERAL) • 1,198 SF
      16113 Orange Grv Rd, Gulfport, MS 39503-2648
      View Details

    Similar Nearby for Sale

    • $1,530,000
      0.90 Acres

      Gulfport Medical Office Building

      9,542 SF Office, 40 Parking Spaces
      9344 Three Rivers Rd, Gulfport, MS 39503
      View Details
    • $1,530,000
      9,542 SF

      Gulfport Medical Office Building

      Prime Medical Office, 9,542 SF, 40 Parking Spaces
      9344 Three Rivers Rd, Gulfport, MS 39503
      View Details
    • $250,000
      1.58 Acres

      Gulfport Commercial Land Investment

      1.58 Acres, Prime Location, $250K
      0 Creosote Rd, Gulfport, MS 39503
      View Details
    • $224,900
      2,182 SF

      Versatile Commercial Property in Gulfport

      Mixed-use property in central Gulfport, ideal for business or residential.
      15380 5Th St, Gulfport, MS 39503
      View Details
    • $1,250,000
      1.00 Acre

      Gulfport Commercial Office/Warehouse

      Prime Gulfport location, 8,978 sq ft.
      10278 Corporate Dr, Gulfport, MS 39503
      View Details
    • $1,250,000
      8,978 SF

      Gulfport Office Warehouse - I-10 Access

      Prime Office/Warehouse, 8,978 SF, 1 Acre
      10278 Corporate Dr, Gulfport, MS 39503
      View Details

    Similar Nearby for Lease

    • $900 /Mo
      750 SF

      Gulfport Office Space For Rent

      Office space in newer building with utilities included in rent.
      16275 Landon Rd, Gulfport, MS 39503
      View Details
    • $2,980 /Mo
      1,562 SF

      Gulfport Retail/Office Space Available

      Prime retail or office space with high visibility and traffic.
      8930 Lorraine Rd, Gulfport, MS 39503
      View Details
    • $600 /Mo
      100 SF

      Gulfport Office Space For Rent

      Two office spaces available for lease in Gulfport, MS.
      15465 Oaklane Dr, Gulfport, MS 39503
      View Details
    • $650 /Mo
      109,665 SF

      New Office Space in Gulfport

      Modern office building with shared amenities and excellent location.
      13334 Seaway Rd, Gulfport, MS 39503
      View Details
    • $8,000 /Mo
      9,936 SF

      Gulfport Commercial Property for Lease

      Versatile commercial property with office and warehouse space for lease.
      14321 Creosote Rd, Gulfport, MS 39503
      View Details
    • $8 SF/Yr
      4,452 SF

      Gulfport Retail Space - Hwy 49

      Prime Retail Space, Hwy 49, Gulfport
      12100 Highway 49, Gulfport, MS 39503
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17971 16th St
    Gulfport, MS 39503-8485
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.