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    120 11Th Ave Laurel, MS 39440

    For Sale
    $280,000

    Four offices, waiting room, upstairs space.

    Property size:
    1,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This 1,800 square foot commercial property, situated on a 0.13-acre lot at 120 S 11th Avenue in Laurel, MS, presents a fantastic business opportunity. The building's layout is ideal for a variety of uses, particularly medical or insurance practices. The ground floor boasts four individual office spaces, a spacious waiting area designed for patient or client comfort, and a large reception area perfect for administrative staff. Adding to its versatility, there is also a sizable office area located upstairs, offering additional space for expansion, storage, or specialized functions. The property's prime location in Laurel ensures high visibility and accessibility, making it an attractive option for businesses seeking a well-established and convenient location. The asking price is $280,000. This is a rare opportunity to acquire a well-maintained commercial space in a desirable area, ready for immediate occupancy. The building's existing layout offers immediate functionality, minimizing the need for extensive renovations. Serious inquiries are encouraged to explore this exceptional business opportunity further.

    Property Features for 120 11Th Ave

    General Information

    Property type
    Investment properties
    Square Feet
    1,800 SF
    Lot Size
    5,663 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Jones
    State
    Mississippi
    Longitude
    -89.14044
    Latitude
    31.68884

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    FAQs

    What type of property is this?
    Investment property - Four offices, waiting room, upstairs space.
    Where is this investment property located?
    The property is located at 120 11Th Ave Laurel, MS.
    What is the asking price?
    The asking price for this property is $280,000.
    (601) 651-2449
    Request Owner's contact information
    120 11Th 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
    120 11Th Ave Laurel, MS 39440
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