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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
Loft/Creative Space
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
  • 1st Fl-Ste B
  • 1,250 SF
  • Office
  • Full Build-Out
  • Now

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

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

PROPERTY TAXES

Parcel Number
0-50-60-513.000
Land Assessment
$13,790
Improvements Assessment
$49,621
Total Assessment
$63,411
  • Listing ID: 32790439

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 14313 Stenum St, Biloxi, MS 39532

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