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    1010 16Th Ave Laurel, MS 39440

    Sponsored
    For Sale
    $549,000

    Multi-use building, high traffic area, ample parking.

    Property size:
    4,180 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 4,180 square foot commercial property located at 1010 N 16th Avenue in Laurel, MS presents a remarkable investment opportunity. Situated on a 0.45-acre lot, this building boasts a prime location with the highest traffic count in Jones County, ensuring maximum visibility and accessibility for your business. The property features eight individual offices, providing ample space for a variety of configurations and uses. Two convenient breakrooms cater to employee needs, while a dedicated loading dock facilitates efficient logistics and operations. Extensive storage space is available throughout the building, offering flexibility for inventory management or archiving. Beyond the building itself, the property offers over twenty parking spaces, ensuring convenient parking for employees, clients, and visitors. This versatile property is ideal for a multitude of business ventures, offering a blend of office space, storage, and high-traffic location. The asking price is $549,000. This is a rare opportunity to acquire a well-situated commercial property in a high-traffic area of Laurel, MS. Don't miss out on this chance to establish or expand your business in a thriving location.

    Property Features for 1010 16Th Ave

    General Information

    Property type
    Investment properties
    Square Feet
    4,180 SF
    Lot Size
    19,602 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -89.14703
    Latitude
    31.70114

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    FAQs

    What type of property is this?
    Investment property - Multi-use building, high traffic area, ample parking.
    Where is this investment property located?
    The property is located at 1010 16Th Ave Laurel, MS.
    What is the asking price?
    The asking price for this property is $549,000.
    (601) 649-9402
    Request Owner's contact information
    1010 16Th 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
    1010 16Th Ave Laurel, MS 39440
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