7215 Siwell RdByram, MS 39272
- Healthcare properties
- 8,247 SF
Property Details for 7215 Siwell Rd
- Year built
- 2002
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Property size (Sq ft)
- 8,247 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 4851 0269 013
- APU
- 48510269013
Description
This Class A, 7,725 square foot medical office building presents a compelling investment opportunity in Byram, Mississippi. Located at 7215 S Siwell Rd, this free-standing building sits on a 0.99-acre lot and offers ample parking. Its prime location is less than a mile west of I-55 (Exit 85), providing excellent accessibility for patients and staff. The property benefits from its proximity to various retailers, medical facilities, and professional offices, creating a strong synergy for medical service providers. The building's NNN lease structure offers a streamlined ownership experience. Furthermore, its strategic location is approximately seven miles south of Merit Health Central hospital, enhancing its appeal to medical professionals seeking a location near a major healthcare provider. The asking price for this exceptional property is $1,800,000. This represents a significant opportunity to acquire a well-situated, high-quality medical office building in a thriving market. The property's size, location, and existing infrastructure make it an ideal investment for both established and emerging medical practices. The building's design and layout are well-suited for a variety of medical specialties. The ample parking ensures convenient access for patients and staff. The property's location within the Jackson Metropolitan and Central Mississippi Area offers access to a large and growing patient base. This is a rare opportunity to acquire a turnkey medical office building in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,044,106
- 6.5%
- $963,790
- 7%
- $894,948
-
Comparable approach
- Method
- Valuation
- Relative Method
- $629,088
- Geo Method
- $1,608,660
-
Alternative Use
- Use
- Valuation
- Residential
- $1,195,099
- Hospitality
- $1,094,704
- Educational
- $910,781
- Medical
- $942,104
- Retail
- $1,416,771
Location Insight
- City
- Jackson
- County
- Hinds
- State
- Mississippi
- Latitude
- 32.1913
- Longitude
- -90.2705
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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