1127 Old Fannin RdBrandon, MS 39047

  • Strip malls
  • 8,177 SF
For Lease
$18/SF/YR View listing

Property Details for 1127 Old Fannin Rd

Year built
2006
Lot size
0.67 AC
Property size (Sq ft)
8,177 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
G12 000032 00013
APU
G1200003200013

Description

This exceptional 1,600 square foot commercial property, located at 1127 Old Fannin Rd in Brandon, Mississippi, presents a unique opportunity for multiple tenants. Situated in Rankin County (zip code 39047), this single-story building boasts a highly desirable location on Old Fannin Road, ensuring significant visibility and high traffic exposure, ideal for attracting customers. The property's zoning classification is "C," making it suitable for a variety of uses. Currently configured to accommodate multiple tenants, this versatile space is perfect for businesses seeking a coworking environment, medical office space, or creative office solutions. The property type is officially classified as Retail and Office, offering flexibility and adaptability to suit diverse business needs. The building's prime location in Brandon, MS, offers easy access to local amenities and a thriving community. This is an excellent opportunity to establish or expand your business in a high-traffic area with strong visibility. Contact us today to learn more about this exceptional property and its potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,014,873
    6.5%
    $1,859,883
    7%
    $1,727,034
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,571,847
    Geo Method
    $4,019,414
  • Alternative Use

    Use
    Valuation
    Residential
    $1,568,881
    Hospitality
    $1,437,086
    Educational
    $1,195,639
    Medical
    $1,236,759
    Retail
    $1,859,883

Location Insight

City
Brandon
County
Rankin
State
Mississippi
Latitude
32.3818
Longitude
-90.0421
CBSA code
27140
CBSA name
JACKSON, MS METROPOLITAN 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
2019
$10,095
-
-
$103,952
-
$203,990
$489,020
$693,010

FAQs

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