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    1316 S 16Th Ave Laurel, MS 39440

    Picture of Retail space at S 16Th Ave 1316, Laurel, MS
    For Sale
    $60,000

    Business Service,Office,Other - See Remarks, Business - Laurel, MS

    Type:Business
    Property size:
    1,080 SF
    Days on Market:
    86
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 1316 S 16Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Rooms
    Bedroom 1
    Bedrooms
    1
    Interior features
    Other - See Remarks
    Size
    1,080 SF

    Building Details

    Number of units
    1
    Building materials
    Block
    Architectural style
    Other

    Coldwell Banker Don Nace, Inc. (601) 264-1900 [email protected]

    Listing agent CHIP GRENN (601) 264-1900 License #S-23388

    Listing date Sep 11, 2025

    MLS# 141750 Listing URL

    Copyright © 2025 Hattiesburg Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Laurel, MS

    This retail property, formerly a laundromat, is located near the intersection of 16th Avenue and Highway 11 in Laurel, MS. The property offers 1080 square feet of space. It is suitable for business services, office use, or other purposes. The property could potentially be used as a laundromat again.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Jones
    State
    Mississippi
    Longitude
    -89.146998
    Latitude
    31.671205

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    FAQs

    What type of property is this?
    Retail space - Former laundromat near intersection of 16th Ave and Hwy 11.
    Where is this retail space located?
    The property is located at 1316 S 16Th Ave Laurel, MS.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Former Laundromat: Established infrastructure for laundry business; - Potential for Laundromat: Opportunity to re-establish a laundry business; - Near Intersection: Convenient location near 16th Ave and Hwy 11
    (601) 264-1900
    Request Owner's contact information
    1316 S 16Th Ave Laurel, MS 39440
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    Laurel, MS 39440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1316 S 16Th Ave Laurel, MS 39440
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