1297 Old Fannin RdBrandon, MS 39047

Property Details for 1297 Old Fannin Rd

Year built

2000

Lot size

1.69 AC

Property size (Sq ft)

1,820 SF

Property type

Office properties

Property subtype

Office buildings

APN

G12 000013 00051

APU

G1200001300051

Description

This exceptional 1.69-acre commercial property in Brandon, Mississippi, presents a unique owner-user or redevelopment opportunity. Ideally situated on Old Fannin Road in Rankin County (zip code 39047), the property boasts approximately 385 linear feet of road frontage, ensuring high visibility and accessibility. The site has a rich history, having operated as part of the Old Fannin Road Auto Plex for over 15 years, demonstrating its suitability for various commercial ventures. The property includes three buildings totaling 3,546 square feet. This comprises a 1,890 square foot office building, an 824 square foot detail shop, and an 832 square foot warehouse, offering diverse space configurations to suit a range of business needs. The asking price is $1,495,000, translating to $421.60 per square foot. The property is zoned under a 1972 permit. This established location, combined with the versatile building layout and ample road frontage, makes this property an attractive investment prospect for both established businesses and forward-thinking developers seeking a strategic location in a thriving Rankin County market. The property's address is 1297 Old Fannin Rd, Brandon, MS.

• CAP approach

  CAP return

  Valuation

  6%

  $305,076

  6.5%

  $281,608

  7%

  $261,494

• Comparable approach

  Method

  Valuation

  Relative Method

  $138,831

  Geo Method

  $355,009

• Alternative Use

  Use

  Valuation

  Residential

  $349,194

  Hospitality

  $319,860

  Educational

  $266,120

  Medical

  $275,272

  Retail

  $413,964

Location Insight

City

Brandon

County

Rankin

State

Mississippi

Latitude

32.3715

Longitude

-90.0507

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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