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    216 E Marion Avenue Crystal Springs, MS 39059

    View on Map
    For Sale
    $165,000

    COMMERCIAL - Crystal Springs, MS

    Type:Retail
    Property size:
    5,625 SF
    Lot size:
    0.20 Acres
    Added:
    Jul 3, 2025
    Days on Market:
    273
    Last Refresh:
    Apr 1 at 1:06 pm

    Property Features for 216 E Marion Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    3-036b-25-301.00
    Size
    5,625 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    LOT 2 & PT LOT 1 BLK 23 STOWELL MAP AS PER DB 8V-574 / 11V-601 SEC 25-2N-2W 0307-25-2-K-8 BK 11V PG 00/00/0000
    TaxAnnualAmount
    1648

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    1

    We can help!

    Listing Contact
    Mitzi Cline
    Mitzi Cline

    Listing agent Mitzi Cline License #S52154

    Listing office Cline Realty, LLC 207 S Jackson Street, Crystal Springs, MS

    Listing date Jul 3, 2025

    MLS# 4118354

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Crystal Springs Commercial Building

    This 5,600 sq ft commercial building is located in downtown Crystal Springs. The property is situated in a high-traffic area and features 74 feet of street frontage. The location is convenient and experiences high foot traffic during town festivals and local events. The building is suitable for retail, office, event space, or other commercial uses. Features include an updated roof, private owner parking in the rear, and a flexible open layout. The lot size is 0.2 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Crystal Springs
    County
    Copiah
    State
    Mississippi
    Longitude
    -90.357778
    Latitude
    31.986021

    Nearby Similar for Sale

    • $404,100
      7,800 SF

      Crystal Springs Multi-Unit Property

      Turn-key, fully occupied commercial property with eight rental units.
      301 W Marion Avenue, Crystal Springs, MS 39059
      View Details
    • $110,000
      4,833 SF

      Crystal Springs Commercial Property For Sale

      Commercial property in Crystal Springs, MS, with tenant occupancy.
      312 E Railroad Avenue, Crystal Springs, MS 39059
      View Details
    • $95,000
      1,927 SF

      Commercial Building in Crystal Springs

      Commercial building in downtown Crystal Springs, tenant-occupied by Pappa's Pizza.
      214 E Marion Avenue, Crystal Springs, MS 39059
      View Details
    • $475,000
      18,000 SF

      Fenced Warehouse on 4.8 Acres

      4.8 acres with 18,000+ SF warehouse near I-55.
      21155 Highway 51, Crystal Springs, MS, 39059-8502
      View Details

    FAQs

    What type of property is this?
    Retail space - 5,600 sq ft commercial building in downtown Crystal Springs.
    Where is this retail space located?
    The property is located at 216 E Marion Avenue Crystal Springs, MS.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: 5,600 sq ft commercial building in downtown Crystal Springs.; High‑traffic location with 74 feet of street frontage.; Ideal for retail, office, event space, or other commercial uses.
    (601) 421-8091
    We can help!
    Listing Contact
    Mitzi Cline
    Mitzi Cline
    Real Estate License ID: S52154
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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