4030 Suzanne DrD'Iberville, MS 39540

Property Details for 4030 Suzanne Dr

Year built

1998

Lot size

0.69 AC

Property size (Sq ft)

15,000 SF

Property type

Warehouses

APN

1309A-01-004.001

APU

1309A01004001

Description

This exceptional 15,000 square foot warehouse, located at 4030 Suzanne Drive in D'Iberville, Mississippi, presents a compelling investment opportunity. Situated in Harrison County, zip code 39540, this property boasts a convenient location off an interstate exit, ensuring easy access to major transportation routes. The warehouse is zoned C2 General Commercial, offering versatility for a range of uses. Currently generating income, this property presents a strong return on investment. The building is outside of any designated flood zone, mitigating risk. The substantial square footage allows for flexibility, including the possibility of subdividing the space into smaller, independent units to increase rental income or accommodate multiple tenants. This property is being sold "as is," providing an opportunity for buyers to customize and enhance the space to meet their specific needs. The asking price is $999,000. Detailed property information, including precise latitude and longitude coordinates (30.4407561, -88.9010465), is available upon request. This is a rare opportunity to acquire a well-located, income-producing warehouse in a thriving Mississippi market.

• CAP approach

  CAP return

  Valuation

  6%

  $5,006,470

  6.5%

  $4,621,360

  7%

  $4,291,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,830,740

  Geo Method

  $1,706,160

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $2,424,220

  Mixed-Use / Specialty

  $2,458,460

  Hospitality / Lodging

  $1,859,510

  Office

  $2,488,510

  Institutional / Educational

  $2,571,130

  Residential Income

  $3,008,220

  Multifamily

  $3,370,190

  Automotive / Energy

  $2,203,820

  Parking / Income-Based Land

  $718,150

  Restaurant / Food Service

  $1,370,170

  Healthcare / Senior Housing

  $2,477,130

Location Insight

City

Diberville

County

Harrison

State

Mississippi

Latitude

30.4407

Longitude

-88.9011

CBSA code

25060

CBSA name

GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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