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Property profile & analytics
OFF-MARKET
Strip malls

3586 Sangani Blvd Diberville, MS 39540-8704

35,857 SF 4.6 ac lot Built 2005
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US50-0273074
Property summary
AI-generated overview

This exceptional Class A, 65,860 square foot shopping center in D'Iberville, Mississippi, presents a compelling investment opportunity. Currently 100% occupied with 22 tenants, including nationally recognized brands like Outback Steakhouse, H&R Block, and Twin Peaks, this stabilized property boasts a strong pro-forma NOI of $1,100,917 and a 7.86% cap rate. The property features two single-story buildings constructed in 2007, situated on 8.364 acres with 565 parking spaces. Located at a signalized intersection with high daily traffic counts (78,000), it benefits from its proximity to a Walmart Supercenter and other major retailers, including a shadow anchor, Academy Sports + Outdoors, driving significant foot traffic. The property is zoned C-3 (ID-A) and offers future value-add potential through upcoming lease renewals. The strong demographics of the area, with an average household income significantly above the state average, further enhance its investment appeal. Separate tax parcels offer flexibility for future investment strategies. The asking price is $14,000,000, representing a price per square foot of $212.57. This property is a fee simple ownership with a NNN lease structure. The Tesla Supercharger station on the property adds further value and traffic generation.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 35,857 SF
Lot 4.6 ac (200,376 SF)
APN 1408E-01-001.014
UPID US50-0273074
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
  • Cloud 9 Vapes (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Bio-One (Bike/Boat/Book/etc) Store
  • Community Choice Financial Bank Credit Union
  • Ben The Bondsman Law Firm
  • YJ Empowerment Solutions Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Green Towers LLC · 5 yrs held
Green Towers LLC
since 2021
3 recorded transactions
2022
Price N/A
2021
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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