505 Avalon WayBrandon, MS 39047

Property Details for 505 Avalon Way

Year built

2009

Lot size

0.52 AC

Property size (Sq ft)

5,762 SF

Property type

Office buildings

APN

G12 000015 00073

APU

G1200001500073

Description

This exceptional 6,089 square foot office complex is strategically located in Brandon, MS, offering easy access to both Spillway Road and Lakeland Drive. Situated on a half-acre lot (0.52 acres), the property boasts a highly functional layout ideal for a single large business or multiple smaller tenants. The building features three separate, forward-facing suite entrances, providing excellent accessibility and independent entry points for up to three distinct businesses. The current configuration includes 17 private offices, perfect for individual work or small teams. Two dedicated conference rooms facilitate meetings and presentations, while two large training rooms offer ample space for workshops or seminars. Additional amenities include a convenient mail room, a fully equipped kitchen for staff and visitors, and numerous workstations for efficient workflow. A covered deck provides an outdoor space for breaks or informal gatherings. The asking price for this turnkey office space is $675,000. This property presents a rare opportunity to acquire a well-maintained, versatile office building in a highly desirable Brandon location. Its convenient access to major roadways and its adaptable interior make it an attractive investment for a variety of business needs. The ample parking and multiple entrances ensure ease of access for employees and clients alike. Don't miss this chance to secure a prime commercial property in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $965,850

  6.5%

  $891,554

  7%

  $827,871

• Comparable approach

  Method

  Valuation

  Relative Method

  $439,530

  Geo Method

  $1,123,936

• Alternative Use

  Use

  Valuation

  Residential

  $1,105,527

  Hospitality

  $1,012,656

  Educational

  $842,518

  Medical

  $871,494

  Retail

  $1,310,584

Location Insight

City

Brandon

County

Rankin

State

Mississippi

Latitude

32.374

Longitude

-90.0382

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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