3661 Sangani BlvdD'Iberville, MS 39540

Property Details for 3661 Sangani Blvd

Year built

2000

Lot size

2.70 AC

Property size (Sq ft)

23,618 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1408E-01-001.008

APU

1408E01001008

Description

This exceptional 1,400 square foot medical office space is situated within the Indian River Shopping Center, a Class B property built in 2003. Located at 3661 Sangani Blvd, D'Iberville, MS 39540, at the key intersection of I-10 and I-110, this single-story building offers a prime location with high visibility. The property boasts a total of 32,600 square feet and features 154 parking spaces for ample customer and staff convenience. The suite is part of a multi-tenant building and is zoned for commercial use (APN: 1408E-01-001.008, Harrison County). The property's strategic location benefits from proximity to Keesler Air Force Base (four miles), a major employer in the region, and the Biloxi Casino District, a significant tourist destination. This presents a unique opportunity to tap into a large and diverse customer base, including both local residents and millions of annual visitors. The space is immediately available and ready for occupancy. The minimum divisible space is 1,400 square feet, with a maximum contiguous space also of 1,400 square feet. This presents a perfect opportunity for a medical practice or related business seeking a well-located, accessible space in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $5,505,706

  6.5%

  $5,082,190

  7%

  $4,719,176

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,540,037

  Geo Method

  $4,231,089

• Alternative Use

  Use

  Valuation

  Residential

  $4,287,017

  Hospitality

  $3,926,885

  Educational

  $3,267,122

  Medical

  $3,379,483

  Retail

  $5,082,190

Location Insight

City

Diberville

County

Harrison

State

Mississippi

Latitude

30.4583

Longitude

-88.8964

CBSA code

25060

CBSA name

GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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