3661 Sangani BlvdD'Iberville, MS 39540

  • Retail properties
  • 23,618 SF
For Lease

Property Details for 3661 Sangani Blvd

Year built
2000
Lot size
2.70 AC
Property size (Sq ft)
23,618 SF
Property type
Retail properties
Property subtype
Strip malls
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
3661 Sangani Blvd, D'Iberville, Mississippi

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,528
-
-
$372,532
-
$919,726
$1,563,820
$2,483,546

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