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Property profile

2044 Sandy Ln Laurel, MS 39443

OFF-MARKET
Commercial real estate
Property ID
US50-0556369
4,000 SF 1.5 ac lot Built 1952
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Property summary

AI-generated overview

This exceptional 4,000 square foot commercial property, situated on a desirable 1.5-acre lot in Laurel, MS, presents a unique investment opportunity. Originally constructed in 1952 as a church, this building boasts a substantial main floor of approximately 3,500 square feet and an additional 500+ square feet of upper-level space. The main sanctuary is generously sized, comfortably accommodating 150-200 people. The interior includes three bathrooms, four Sunday school rooms, a nursery, a kitchen, and a dedicated office. A convenient storage building is located at the rear of the property. Recently vacated, the building is in good condition and retains its original church layout, offering immediate usability for a similar purpose. However, with some upgrades, it could easily be adapted to a more contemporary aesthetic. Potential buyers considering alternative uses should be aware that a variance may be required. The property's prime location and substantial size make it an attractive prospect for a variety of commercial ventures. The ample parking and expansive lot provide significant flexibility for future development or expansion. This is a rare opportunity to acquire a substantial property in a highly sought-after area.

Property profile

Verified
Property type Commercial real estate
Year built 1952
Total area 4,000 SF
Lot 1.5 ac (65,340 SF)
UPID US50-0556369

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2044 Sandy Ln Laurel, MS 39443
Laurel metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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