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    FOR SALE
    Drug stores

    998 N Halstead Rd, Ocean Springs, MS 39564

    6,504 SF 0.46 ac lot Built 2015
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US50-0929732
    Property summary
    AI-generated overview

    This exceptional two-story office building, totaling 8,000 square feet, is situated on a 0.47-acre lot in the desirable Ocean Springs, MS location at 998 N Halstead Rd. Currently fully vacant, the space offers flexible options with a minimum divisible unit of 4,000 square feet and a maximum contiguous space of 8,000 square feet, perfect for a single tenant or multiple occupants. The building boasts a Class B rating and features modern amenities including a convenient drive-up window, an elevator providing easy access to the second story, and attractive stained concrete floors. The open floor plan allows for versatile configurations to suit various business needs. Its previous use as a pharmacy speaks to its functionality and adaptability. Located in Ocean Springs, this property benefits from high visibility and easy access, within a thriving coastal community that offers a supportive business environment and ample parking. The Jackson County property (APN: 61057209) presents a unique opportunity for businesses seeking a prominent and functional space in a vibrant location. The entire 8,000 square feet is available for lease.

    Property profile
    Verified
    Property type Drug stores
    Use group DRUG STORE, PHARMACY
    Year built 2015
    Total area 6,504 SF
    Lot 0.46 ac (20,038 SF)
    APN 61057209.000
    UPID US50-0929732
    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
    • Coastal Pharmacy Pharmacy
    • Advanced Pharmaceuticals Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $676k
    Blend (final) Blend
    $725k
    Owner & transaction history
    Boulle Enterprises LLC · 4 yrs held
    Boulle Enterprises LLC
    since 2022
    6 recorded transactions
    2022
    2022
    2016
    2014
    2012
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.0M +62.1%
    Office building $770,000 +22.4%
    Auto repair, garage $665,000 +5.7%
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    More about this property
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