2619 Courthouse CirFlowood, MS 39232

Property Details for 2619 Courthouse Cir

Year built

1992

Lot size

0.44 AC

Property size (Sq ft)

1,334 SF

Property type

Retail properties

Property subtype

Retail space

APN

E10L000003 01191

APU

E10L00000301191

Description

This updated 1,334 square foot single-story brick office building in Flowood, Mississippi presents a fantastic opportunity for a variety of businesses. Currently configured as a salon, the open floor plan offers considerable flexibility for adaptation to diverse needs. The property boasts a large front parking lot with over 36 spaces, ensuring convenient access for clients and employees. Situated on approximately 0.44 acres of commercially zoned land, the property also includes a fenced private backyard, providing additional space and privacy. Its highly convenient location off Lakeland Drive, adjacent to GRIT Training and the former Courthouse Racquetball facility, offers excellent visibility and accessibility. The building's versatile design makes it suitable for a wide range of commercial uses, making it an attractive investment for entrepreneurs and businesses seeking a well-maintained and strategically located property in a thriving area. The property's size and features make it ideal for businesses requiring both office space and ample parking. The combination of a prime location, ample parking, and a versatile layout makes this property a compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $328,707

  6.5%

  $303,422

  7%

  $281,749

• Comparable approach

  Method

  Valuation

  Relative Method

  $256,432

  Geo Method

  $655,729

• Alternative Use

  Use

  Valuation

  Residential

  $255,948

  Hospitality

  $234,447

  Educational

  $195,057

  Medical

  $201,766

  Retail

  $303,422

Location Insight

City

Flowood

County

Rankin

State

Mississippi

Latitude

32.3279

Longitude

-90.1158

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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