See all 10 photos
10 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by John Dew • Magnolia Real Estate
$1,200,000
Est. payment /mo
4 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 141012
Full Baths 4
Annual Tax Amount $5,300
Tax Year 5300
Lot Dimensions 12.69 acres mol
Property Sub-Type Business
Source Hattiesburg Area Association of REALTORS®
Property Description
$300k price drop! Excellent value-add potential with price well-justified at 10% cap rate and current market rents. Large warehouse is 17,000 square feet and owner occupied. Second commercial building is 2,000 square feet. Third commercial building is 1,000 square feet with a roughly 200 square foot detached office. A fourth lot has utilities and is ready for another commercial building. The property also features three income-producing billboards.
With the Tillery subdivision nearby, the large warehouse would make an excellent candidate for development into storage units or sport vehicle storage.
With the Tillery subdivision nearby, the large warehouse would make an excellent candidate for development into storage units or sport vehicle storage.
Location
State MS
County Jones
Interior
Flooring Concrete
Building
Structure Type See Remarks
Read Less Info
Get More Information
Thinking about moving to the Gulf Coast?
Quick Home Search