2781 C T Switzer Sr DrBiloxi, MS 39531

Property Details for 2781 C T Switzer Sr Dr

Year built

2003

Lot size

2.20 AC

Property size (Sq ft)

64,744 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

1110L-02-008.001

APU

1110L02008001

Description

This four-story, Class B office building, totaling 63,311 square feet, offers exceptional leasing opportunities in the thriving Biloxi/Gulfport market. Located conveniently south of the railroad tracks on DeBuys Road, the property boasts a diverse tenant mix, including various medical clinics and an ambulatory surgery center, creating a strong and established professional environment. Multiple suites are available, ranging from a minimum of 2,020 square feet to a maximum contiguous space of 10,656 square feet, providing flexibility for businesses of various sizes. Currently, 17,313 square feet is vacant and ready for immediate occupancy. For leases of five years or more, a typical build-out is provided. The lease rate is inclusive of utilities, and a full-service lease option is available. The property's APN is 1110L-02-008.001, and it's situated in Harrison County. This building presents a unique opportunity to establish or expand your business within a well-established and reputable medical office complex. The building consists of one structure with four stories. Inquire today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $10,267,201

  6.5%

  $9,477,416

  7%

  $8,800,458

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,938,730

  Geo Method

  $4,602,651

• Alternative Use

  Use

  Valuation

  Residential

  $11,751,996

  Hospitality

  $10,764,765

  Educational

  $8,956,158

  Medical

  $9,264,174

  Retail

  $13,931,801

Location Insight

City

Biloxi

County

Harrison

State

Mississippi

Latitude

30.3926

Longitude

-89.0006

CBSA code

25060

CBSA name

GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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