784 Howard AveBiloxi, MS 39530

Property Details for 784 Howard Ave

Year built

1900

Lot size

0.10 AC

Property size (Sq ft)

7,148 SF

Property type

Medical offices

Property subtype

Medical centers

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.

• 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

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