225 Tomlinson DrStarkville, MS 39759

  • Office buildings
  • 12,022 SF

Property Details for 225 Tomlinson Dr

Year built
2017
Property size (Sq ft)
12,022 SF
Property type
Office buildings
APN
19150
APU
19150

Description

This exceptional 11,773-square-foot medical office building, constructed in 2017, presents a unique investment opportunity in Starkville, Mississippi. Situated on a 2.54-acre lot in Oktibbeha County, this single-tenant property boasts a highly desirable location at the intersection of Highway 182 and Highway 25 bypass, ensuring excellent visibility and accessibility. The building features a porte cochere entrance, ample parking, and a fully sprinklered system. The interior layout is thoughtfully designed to accommodate a variety of medical practices, including an indoor therapy pool, six treatment rooms, a large physical therapy room/gym with high ceilings, a conference room, office areas, a breakroom, six restrooms, a laundry room, and a coffee station with kitchen. The building was specifically constructed to allow for future expansion on the west side, with a full set of plans and specifications available upon request. The property is zoned C-Commercial and is currently fully vacant. Extensive mechanical systems are in place. This turnkey medical facility represents a rare opportunity to acquire a state-of-the-art building in a thriving market. The property is restricted to orthopedic and physical therapy uses. Address: 225 Tomlinson Dr, Starkville, MS 39759.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,283,870
    6.5%
    $2,108,180
    7%
    $1,957,600
  • Comparable approach

    Method
    Valuation
    Relative Method
    $875,082
    Geo Method
    $2,345,010
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,156,830
    Retail / Commercial
    $2,130,370
    Mixed-Use / Specialty
    $2,121,800
    Hospitality / Lodging
    $1,555,430
    Institutional / Educational
    $2,205,470
    Residential Income
    $2,580,400
    Multifamily
    $3,100,180
    Automotive / Energy
    $1,890,400
    Parking / Income-Based Land
    $653,315
    Restaurant / Food Service
    $1,101,490
    Healthcare / Senior Housing
    $2,176,860

Location Insight

City
Starkville
County
Oktibbeha
State
Mississippi
Latitude
33.4614
Longitude
-88.8499
CBSA code
44260
CBSA name
STARKVILLE, 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
$49,674
-
-
$324,455
-
$500,000
$1,663,030
$2,163,030

FAQs

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