14313 Stenum St
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14313 Stenum St
5,000 SF 75% Leased Office Building Biloxi, MS 39532 $1,350,000 ($270/SF)
Investment Highlights
- Potential Cap Rate at 100% occupancy is 8.5%
Executive Summary
COMMERCIAL INVESTMENT OPPORTUNITY - 5,000sf Commercial Flex Space Building with four suites at 75% occupancy. C-3 Zoning with High Profile Visibility from I-10 with 92k traffic count. Nestled amongst seven other buildings of similar style and aesthetics, this building offers a suite for owner-occupancy or increased income if filled with 4th tenant. Potential Cap Rate at 100% occupancy is 8.5%
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
2001
Price
$1,350,000
Price Per SF
$270
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.17
Lot Size
0.67 AC
Zoning
C3 - Commercial
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
1250 SF office available with kitchen and high ceilings
Space | Size | Space Use | Condition | Available |
1st Fl-Ste B | 1,250 SF | Office | Full Build-Out | Now |
1st Fl-Ste B
Size |
1,250 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
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1st Fl-Ste B
Size | 1,250 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
1250 SF office available with kitchen and high ceilings
PROPERTY TAXES
Parcel Number | 0-50-60-513.000 | Improvements Assessment | $49,621 |
Land Assessment | $13,790 | Total Assessment | $63,411 |
PROPERTY TAXES
Parcel Number
0-50-60-513.000
Land Assessment
$13,790
Improvements Assessment
$49,621
Total Assessment
$63,411
Learn More About Investing in Office Space
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14313 Stenum St
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