43 Mangum LnPurvis, MS 39475

  • Office buildings
  • 6,000 SF

Property Details for 43 Mangum Ln

Year built
2000
Lot size
6.10 AC
Property size (Sq ft)
6,000 SF
Property type
Office buildings
APN
032 -04-035.000
APU
3204035000

Description

This exceptional industrial property, located at 43 Mangum Ln, Purvis, Mississippi 39475, presents a compelling investment opportunity. The property encompasses a substantial 60,000 to 97,000 square foot lot, featuring a single-story, 60,000 square foot Class B industrial building constructed in 2000. The building boasts a 14-foot ceiling height and 10 dock-high doors, providing ample space and efficient loading capabilities. The property is zoned for industrial use and offers the potential for rail access. The parcel includes multiple APNs: 032-04-035.000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $951,489
    6.5%
    $878,298
    7%
    $815,562
  • Comparable approach

    Method
    Valuation
    Relative Method
    $457,685
    Geo Method
    $426,540
  • Alternative Use

    Use
    Valuation
    Residential
    $1,089,089
    Hospitality
    $997,600
    Educational
    $829,991
    Medical
    $858,536
    Retail
    $1,291,097

Location Insight

City
Purvis
County
Lamar
State
Mississippi
Latitude
31.17
Longitude
-89.4142
CBSA code
25620
CBSA name
HATTIESBURG, 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
2023
$31,983
-
-
$190,169
-
$36,600
$1,231,190
$1,267,790

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