1222 Main StPoplarville, MS 39470

Property Details for 1222 Main St

Year built

1988

Lot size

1.01 AC

Property size (Sq ft)

5,500 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

2159310010402600

APU

2159310010402600

Description

This 5,480-square-foot medical office building presents a compelling investment opportunity. Situated on 10.1 acres at 1222 S Main St, Poplarville, MS 39470 (APN 2-15-9-31-001-040-2600), this property enjoys a high-traffic location on Highway 53, within Poplarville's central business district. The building, with an effective age of 19 years, is zoned C4, allowing for diverse commercial uses beyond medical practices. Its proximity to Pearl River Community College further enhances its appeal. The asking price is $500,000. This well-positioned asset offers excellent visibility and accessibility, making it ideal for businesses seeking a thriving location with strong potential for growth. The substantial lot size provides ample space for expansion or future development. This property represents a rare chance to acquire a significant commercial building in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $872,198

  6.5%

  $805,106

  7%

  $747,598

• Comparable approach

  Method

  Valuation

  Relative Method

  $419,545

  Geo Method

  $390,995

• Alternative Use

  Use

  Valuation

  Residential

  $998,332

  Hospitality

  $914,466

  Educational

  $760,825

  Medical

  $786,991

  Retail

  $1,183,506

Location Insight

City

Poplarville

County

Pearl River

State

Mississippi

Latitude

30.8334

Longitude

-89.5294

CBSA code

38100

CBSA name

PICAYUNE, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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