2464 Main StPlantersville, MS 38862

  • Office buildings
  • 2,940 SF
For Sale
$590,000 View listing

Property Details for 2464 Main St

Year built
2006
Property size (Sq ft)
2,940 SF
Property type
Office buildings
APN
115C-15-037-07
APU
115C1503707

Description

This exceptional turnkey commercial property located at 2464 Main St., Plantersville, MS, presents a unique investment opportunity priced at $625,000. The property is classified as general commercial and offers a seamless transition for a new owner. The current business owner will provide six months of on-site training and support to ensure a smooth operational handover. All necessary equipment and medications are included in the sale, eliminating the need for significant upfront investment in inventory or supplies. A key advantage is the inclusion of an Athena system, a valuable asset for streamlining business operations. The business currently offers services including the processing of medical cannabis cards and testosterone injections. While the square footage is not specified, the property is ready for immediate operation, minimizing downtime and maximizing return on investment. The seller is open to considering partial owner financing, making this an attractive proposition for buyers with varying financial capabilities. This is a rare chance to acquire an established, profitable business with built-in client base and operational support. All information provided is believed to be accurate but is not guaranteed. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $478,804
    6.5%
    $441,972
    7%
    $410,403
  • Comparable approach

    Method
    Valuation
    Relative Method
    $213,988
    Geo Method
    $573,476
  • Alternative Use

    Use
    Valuation
    Residential
    $548,046
    Hospitality
    $502,007
    Educational
    $417,664
    Medical
    $432,028
    Retail
    $649,700

Location Insight

City
Plantersville
County
Lee
State
Mississippi
Latitude
34.2162
Longitude
-88.6648
CBSA code
46180
CBSA name
TUPELO, MS MICROPOLITAN 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
$4,302
-
-
$29,231
-
$25,000
$169,870
$194,870

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