1130 S Main St, Petal, MS 39465
Operating muffler shop with equipment and real estate for sale.
- Added:
- Jan 12, 2023
- Days on Market:
- 1243
- Last Refresh:
- May 13 at 8:17 pm
Property Features for 1130 S Main St
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 2.64 Acres
- Property subtype
- Business Opportunities
Listing agent Christy Sumrall Purvis (601) 425-0955
Listing office Re/Max Town Country (601) 425-0955
Listing date Jan 12, 2023
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Town Country
HighLights
- Established Business: Operating as a muffler shop for over 30 years with a strong reputation.
- Included Equipment: Sale includes essential equipment such as racks, bender, welding machines, air compressor, and various tools.
- Spacious Building: 60x40 building with 2400 sq ft main space, bathroom, office, and upper‑level storage.
- Ample Land: 2.64 acres of property.
- Multiple Access Points: Features 3 bay doors and a side door for convenient access.
- Zoned C2: Property is zoned C2, allowing for a range of commercial uses.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $12.00 |
| − Vacancy | −$2.4k | −$1.02 |
| EGI | $26.4k | $10.98 |
| − OpEx | −$7.9k | −$3.29 |
| NOI | $18.4k | $7.69 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- ProStreet Customs Petal — 871 US-11, Petal, MS 39465
- Ward's Quality Transmission Inc. — 723 S Main St, Petal, MS 39465
- Paul's Discount Glass And Tire, Inc. — 300 S Main St, Petal, MS 39465
- DANNY'S AUTOMOTIVE — 745 S Main St, Petal, MS 39465
- Petal Quick Lube & Tune Up — 404 W Central Ave, Petal, MS 39465
Location Insight
- Map
- Local Demand
- City
- Petal
- County
- Forrest
- State
- Mississippi
- Longitude
- -89.265413
- Latitude
- 31.328134