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    476 Trace Rd Laurel, MS 39443

    For Sale
    $225,000

    Large Commercial Building, Endless Possibilities

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This versatile 3,000 square foot commercial property, situated on a one-acre lot at 476 Trace Rd. in Laurel, MS, presents a unique investment opportunity. Currently configured as a nutrition shop with a separately leased back shop area, the space offers remarkable adaptability to suit a wide range of businesses. The front area is easily convertible back into office space, while the rear area, previously a granite shop, provides ample room for various uses. The property boasts substantial electrical capacity, ensuring sufficient power for diverse operational needs. The sale does not include the existing business

    Property Features for 476 Trace Rd

    General Information

    Property type
    Investment properties
    Square Feet
    3,000 SF
    Lot Size
    43,560 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Department Store Convenience Store Home Appliance Store Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Jones
    State
    Mississippi
    Longitude
    -89.15978
    Latitude
    31.76946

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    FAQs

    What type of property is this?
    Investment property - Large Commercial Building, Endless Possibilities
    Where is this investment property located?
    The property is located at 476 Trace Rd Laurel, MS.
    What is the asking price?
    The asking price for this property is $225,000.
    (601) 425-0955
    Request Owner's contact information
    476 Trace Rd Laurel, MS 39443
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    Laurel, MS 39443
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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
    476 Trace Rd Laurel, MS 39443
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