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    1663 Us 49 Magee, MS 39111

    For Sale
    $1,200,000

    Office, Medical/Dental,Professional Service - Magee, MS

    Type:Office
    Property size:
    8,000 SF
    Days on Market:
    153
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 1663 Us 49

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Interior features
    None
    Size
    8,000 SF

    Building Details

    Number of units
    2
    Building materials
    Brick, Brick Veneer
    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 Jul 7, 2025

    MLS# 138406 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

    Magee Office Building For Sale

    This is an 8000 square feet office building located in Magee, MS. The property is currently rented and generates an annual rental income of $113,400. With expenses of $24,000, the property yields a profit of $89,400, representing a 7.45% return on investment. The building is located adjacent to Walmart.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Magee
    County
    Simpson
    State
    Mississippi
    Longitude
    -89.74698
    Latitude
    31.869241

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    FAQs

    What type of property is this?
    Office building - Rented office building adjoining Walmart with excellent rental income.
    Where is this office building located?
    The property is located at 1663 Us 49 Magee, MS.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - High annual rental income of $113,400; - Significant annual profit of $89,400; - Attractive 7.45% return on investment
    (601) 264-1900
    Request Owner's contact information
    1663 Us 49 Magee, MS 39111
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    Magee, MS 39111
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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
    1663 Us 49 Magee, MS 39111
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