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    401 Bailey Dr Hollandale, MS 38748

    For Sale
    $372,000

    Spacious Commercial Building, Fully Furnished

    Property size:
    6,405 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 6,405 square foot commercial property, situated on a 1.21-acre lot at 401 Bailey Drive in Hollandale, Mississippi, presents a remarkable investment opportunity. Previously utilized as a mental health facility, this versatile building offers a multitude of potential uses for a diverse range of businesses. The layout includes numerous private offices, providing individual workspaces for employees or clients, complemented by open cubicle workspaces ideal for collaborative projects. A large, well-appointed conference room offers a dedicated space for meetings and presentations. A significant advantage is that the property comes fully furnished, including desks, chairs, copiers, computers, and media equipment, minimizing initial setup costs and allowing for immediate occupancy. The building and grounds are meticulously maintained, reflecting a commitment to quality and upkeep. The previous owner is available to provide valuable insights into the building's history and operational capabilities, offering potential buyers a unique opportunity to learn from past successes. This property represents a rare chance to acquire a well-equipped, versatile commercial space in a desirable location, ready for immediate use or customization to suit specific business needs. The asking price is $372,000.

    Property Features for 401 Bailey Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,405 SF
    Lot Size
    52,708 SF

    Building Details

    Year Built
    1998
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Department Store Garden Center Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollandale
    County
    Washington
    State
    Mississippi
    Longitude
    -90.84155
    Latitude
    33.18274

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Commercial Building, Fully Furnished
    Where is this commercial real estate located?
    The property is located at 401 Bailey Dr Hollandale, MS.
    What is the asking price?
    The asking price for this property is $372,000.
    (662) 441-2500
    Request Owner's contact information
    401 Bailey Dr Hollandale, MS 38748
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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
    401 Bailey Dr Hollandale, MS 38748
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