Calculate cap rates and net operating income for commercial properties in Mississippi. Compare your results against Mississippi's tertiary market benchmarks sourced from CBRE H2 2025.
Mississippi is primarily a tertiary CRE market with limited institutional activity. The Gulf Coast (Gulfport, Biloxi) is driven by casinos and tourism. Jackson faces significant vacancy challenges across multiple asset classes. Higher cap rates reflect the market's limited liquidity, lower population density, and economic challenges. The Port of Gulfport provides some industrial activity.
| Property Type | Typical Low % | Typical High % |
|---|---|---|
| Multifamily | 7.0% | 9.5% |
| Industrial | 7.0% | 9.5% |
| Retail | 7.0% | 9.5% |
| Office | 8.0% | 11.0% |
Benchmarks sourced from CBRE H2 2025 Cap Rate Survey, JP Morgan, Matthews, and Cushman & Wakefield market data. Ranges represent typical stabilized assets — actual rates vary by asset quality, location, and market conditions.
Mississippi cap rates are among the highest in the US, typically ranging from 7.0–9.5% for multifamily and industrial, 7.0–9.5% for retail, and 8.0–11.0% for office. These elevated rates reflect the tertiary market characteristics, lower liquidity, and economic challenges relative to national averages.
Mississippi CRE demand comes primarily from healthcare systems, state government, casino gaming (Gulf Coast), military bases, and agricultural processing. The Gulf Coast's casino industry (Biloxi is one of the largest gaming markets outside Nevada/New Jersey) drives hospitality and entertainment-adjacent retail investment.
Mississippi can offer very high cap rates (8–11%+) that appear attractive on paper, but investors must carefully consider exit liquidity, tenant quality, and population trends. The high yields often reflect genuine risk — limited buyer pools when selling, potential for continued economic softening, and operating challenges in a lower-income market.
This tool is for informational and educational reference only and does not constitute real estate investment advice. Cap rate benchmarks are estimates based on published industry surveys and may not reflect current conditions in your specific market, submarket, or asset class. Actual cap rates vary significantly based on property condition, location, tenant quality, lease terms, and local market dynamics. Always consult a licensed commercial real estate broker, appraiser, or investment advisor before making real estate investment decisions.