14313 Stenum StBiloxi, MS 39532

This exceptional commercial investment opportunity presents a 5,000-square-foot flex space building in Biloxi, Mississippi, boasting four 1,250-square-foot suites currently at 75% occupancy. The property, built in 2006 and renovated in 2020, features a durable stucco and metal exterior, a metal roof, and energy-efficient windows. Each suite offers a blend of front office space and expansive warehouse capabilities, including a large lobby/reception area, private office with tile flooring, private bathroom, and a 750-square-foot warehouse with a 12x14 roll-up door and 16-foot ceilings. The single-story building sits on a 0.67-acre lot (APN: 05060513.000) and benefits from high-profile visibility from I-10, with a 92,000 vehicle daily traffic count. The property includes four dock-high doors, ample parking, and a drive-through concrete drive. It's zoned C-3 and offers a current NOI of $86,274 and a pro-forma NOI of $115,632, resulting in a current cap rate of 6.39% and a pro-forma cap rate of 8.57%. The asking price is $1,350,000. This prime location near the I-10/I-110 junction offers easy access to major transportation routes and is surrounded by complementary businesses. The property is fully serviced with utilities and features well-maintained landscaping and energy-efficient LED lighting. This is an ideal investment for those seeking a strong return in a thriving commercial area.