784 Howard AveBiloxi, MS 39530
- Healthcare properties
- 7,148 SF
Property Details for 784 Howard Ave
- Year built
- 1900
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 7,148 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 1410K-03-046.000
- APU
- 1410K03046000
Description
This exceptional Class B medical office building, located at 784 Howard Ave in Biloxi, Mississippi, offers 13,840 square feet of newly renovated (2024) space. The two-story building features a total of three suites, with 9,758 square feet currently available for lease. The second floor, encompassing 4,879 contiguous square feet, is divisible into two units, each with a minimum of 2,339 square feet. The property boasts convenient access to Highway 90 and I-110, ample free parking, and a rear entrance with a designated patient drop-off/pick-up area. Situated in Biloxi's vibrant Howard Avenue Corridor, this location offers proximity to Merit Health Biloxi Hospital, numerous restaurants, and local attractions such as MGM Park and the Hard Rock Hotel & Casino. The building includes an elevator and sits on a 0.21-acre lot, zoned DT (Downtown). The first floor is currently occupied by Fresenius Kidney Care. Nearby amenities and the ongoing renovation of the historic Barq's Building further enhance the property's desirability. This is a unique opportunity to secure high-quality medical office space in a thriving Mississippi coastal location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,133,540
- 6.5%
- $1,046,345
- 7%
- $971,606
-
Comparable approach
- Method
- Valuation
- Relative Method
- $545,256
- Geo Method
- $508,151
-
Alternative Use
- Use
- Valuation
- Residential
- $1,297,468
- Hospitality
- $1,188,474
- Educational
- $988,796
- Medical
- $1,022,802
- Retail
- $1,538,127
Location Insight
- City
- Biloxi
- County
- Harrison
- State
- Mississippi
- Latitude
- 30.3967
- Longitude
- -88.8885
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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