1377 Johnny Johnson DrBrookhaven, MS 39601

  • Office buildings
  • 4,614 SF
For Sale
$552,480 View listing

Property Details for 1377 Johnny Johnson Dr

Year built
2001
Property size (Sq ft)
4,614 SF
Property type
Office buildings
APN
B77-14 -2 -014.02
APU
B7714201402

Description

This exceptional 5,988 square foot Class C office building, constructed in 2001, is situated on a 0.7-acre lot in Brookhaven, Mississippi (APN: B77-14-2-014.02). The single-story building offers a versatile layout ideal for various uses, including medical practices and traditional businesses. The interior features eight offices, including six spacious offices and two larger partner offices, along with two expansive workstation areas. Additional amenities include a conference room, a large break room, and a sizable reception area. Convenient covered rear parking is also provided. This move-in ready property presents a fantastic opportunity in a high-growth area of Brookhaven, making it an attractive investment at an asking price of $552,480. The property's address is 1377 Johnny Johnson Dr, Brookhaven, MS 39601. This is a for sale by owner listing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $641,460
    6.5%
    $592,117
    7%
    $549,823
  • Comparable approach

    Method
    Valuation
    Relative Method
    $351,960
    Geo Method
    $900,007
  • Alternative Use

    Use
    Valuation
    Residential
    $734,225
    Hospitality
    $672,546
    Educational
    $559,551
    Medical
    $578,794
    Retail
    $870,412

Location Insight

City
Brookhaven
County
Lincoln
State
Mississippi
Latitude
31.5759
Longitude
-90.4778
CBSA code
15020
CBSA name
BROOKHAVEN, MS MICROPOLITAN 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
$10,901
-
-
$63,003
-
$110,000
$310,020
$420,020

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