Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    219 Bass Road Florence, MS 39073

    View on Map
    For Sale
    $945,000

    COMMERCIAL - Florence, MS

    Property size:
    7,401 SF
    Lot size:
    5.00 Acres
    Added:
    Mar 20, 2026
    Days on Market:
    17
    Last Refresh:
    Apr 5 at 8:06 am

    Property Features for 219 Bass Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    12
    Bathrooms
    7
    Rooms
    Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 12, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 8, Bedroom 10, Bedroom 2, Bathroom 6, Bedroom 5, Bathroom 7, Bedroom 11, Bedroom 9, Bedroom 3, Bathroom 5, Bedroom 7, Bedroom 1
    Fireplace
    1
    Standard status
    Active
    APN
    1-0750-15-00000-000-00311
    Size
    7,401 SF
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    5 AC PT W 1/2 SW 1/4 N/O RD
    Tax Annual Amount
    5119

    Building Details

    Year built
    1985
    Floors in Building
    1
    Roof type
    Shingle

    We can help!

    Listing Contact
    Ryan Porter
    Ryan Porter

    Listing agent Ryan Porter License #B22802

    Listing office NextHome Realty Experience 1139 Old Fannin Road Suite K, brandon, MS

    Listing date Mar 20, 2026

    MLS# 4143084

    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

    Versatile Florence Property on Five Acres

    This property in Florence, MS, presents a unique opportunity on five acres. It features two brick homes, each approximately 3000 square feet. The property, formerly a nursing home, offers space and versatility for various uses such as a retreat, summer camp, care facility, or private compound. Both homes have updated roofs. The first home includes a dining and entertainment room that flows into the kitchen, six bedrooms with 16 closets accommodating up to 16 people, three full bathrooms, and a dedicated laundry room. The second home features six oversized bedrooms with 16 closets, three remodeled bathrooms, and a laundry room with hookups for three washers and three dryers. It also includes two kitchen areas, a spacious dining area, a den with a fireplace, and a screened-in back porch. A new central HVAC system has been installed in the second home. Additionally, there are three mobile homes behind the second house that require rehabilitation. The property has the capacity to house over 30 people in a country setting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nursing homes

    Suggested Use

    Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Rankin
    State
    Mississippi
    Longitude
    -89.99203
    Latitude
    32.063805

    Nearby Similar for Sale

    • $945,000
      7,401 SF

      Unique Sprawling Property on Five Acres

      Versatile property with two homes, ideal for retreat or care facility.
      219 Bass Road, Florence, MS 39073
      View Details
    • $495,000
      11,320 SF

      Industrial Building with Office Space

      Industrial building with offices, storage, and yard space for sale.
      778 N Church Street, Florence, MS 39073
      View Details
    • $415,000
      7,972 SF

      Spacious Multipurpose Building in Star

      Versatile 7,972 sqft building ideal for daycare or community initiatives.
      154 Dixie Drive, Florence, MS 39073
      View Details
    • $500,000
      9,480 SF

      Industrial Facility on 2 Acres

      Versatile industrial facility with multiple buildings and high ceilings.
      199 S Rankin Industrial Dr, Florence, MS, 39073-9490
      View Details

    FAQs

    What type of property is this?
    Nursing home - Unique property with two homes, ideal for various uses.
    Where is this nursing home located?
    The property is located at 219 Bass Road Florence, MS.
    What is the asking price?
    The asking price for this property is $945,000.
    What are key features of this property?
    This property features: Two updated brick homes, approximately 3000 sq ft each, offering substantial living space.; Five‑acre property suitable for a retreat, camp, care facility, or private compound.; Each home features six bedrooms and three bathrooms, with ample closet space (16 closets per home).
    (601) 238-6620
    We can help!
    Listing Contact
    Ryan Porter
    Ryan Porter
    Real Estate License ID: B22802
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!