320 15Th StLaurel, MS 39440

Property Details for 320 15Th St

Year built

1940

Construction

TYPE NOT SPECIFIED

Lot size

1.87 AC

Property size (Sq ft)

9,200 SF

Property type

Office buildings

APN

135L-32-24-001.00

APU

135L322400100

Description

This exceptional 9,200 square foot warehouse, located at 320 E 15th St. in Laurel, Mississippi, presents a significant opportunity for businesses seeking ample space and a strategic location. The property offers a substantial footprint, perfect for storage, distribution, light manufacturing, or a variety of other commercial uses. Its size allows for efficient workflow and the potential for expansion or customization to meet specific operational needs. The building's condition and internal layout are available upon request and inspection. Situated in Laurel, MS, this warehouse benefits from convenient access to major transportation routes, facilitating seamless logistics and distribution. The property is offered at an attractive price point of $162,000, making it a compelling investment for entrepreneurs and established businesses alike. The absence of land acreage associated with this property makes it particularly suitable for businesses focused primarily on indoor operations. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this warehouse presents. Further details regarding the property's specifications and potential uses are available upon request. Don't miss this chance to secure a valuable asset in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,542,142

  6.5%

  $1,423,515

  7%

  $1,321,836

• Comparable approach

  Method

  Valuation

  Relative Method

  $701,784

  Geo Method

  $1,794,552

• Alternative Use

  Use

  Valuation

  Residential

  $1,765,159

  Hospitality

  $1,616,876

  Educational

  $1,345,222

  Medical

  $1,391,486

  Retail

  $2,092,568

Location Insight

City

Laurel

County

Jones

State

Mississippi

Latitude

31.7073

Longitude

-89.1232

CBSA code

29860

CBSA name

LAUREL, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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