594 Easterbrook StBay St. Louis, MS 39520

Property Details for 594 Easterbrook St

Year built

2019

Property size (Sq ft)

954 SF

Property type

Office buildings

APN

137H-0-45-130.001

APU

137H045130001

Description

This exceptional 1,800-square-foot commercial property, situated on a 0.16-acre lot in Hancock County, presents a unique investment opportunity. Built in 2018, this two-story building offers a versatile layout ideal for a variety of businesses. The property features a single tenancy, with the entire 1,800 square feet currently vacant and ready for immediate occupancy. The space is divided into 900 square feet of climate-controlled office space and 900 square feet of warehouse storage located above the office. The warehouse boasts superior insulation with closed-cell foam, ensuring energy efficiency and climate control. The building enjoys excellent visibility from Highway 90, providing significant exposure for any business. Its adaptable design makes it suitable for a wide range of uses, including retail shops, construction service companies, or boutique businesses. The property's modern construction and prime location combine to offer a compelling opportunity for entrepreneurs and investors alike. This is a single-tenant building with a total of 1,800 square feet. The property type is classified as Office and Industrial.

• CAP approach

  CAP return

  Valuation

  6%

  $151,287

  6.5%

  $139,649

  7%

  $129,674

• Comparable approach

  Method

  Valuation

  Relative Method

  $72,772

  Geo Method

  $67,820

• Alternative Use

  Use

  Valuation

  Residential Income

  $173,165

  Hospitality / Lodging

  $158,618

  Institutional / Educational

  $131,969

  Healthcare / Senior Housing

  $136,507

  Retail / Commercial

  $205,284

Location Insight

City

Bay Saint Louis

County

Hancock

State

Mississippi

Latitude

30.3154

Longitude

-89.3485

CBSA code

25060

CBSA name

GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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