Property profile

1663 Us 49 Magee, MS 39111

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully rented office building ideally situated adjacent to a Walmart in Magee, Mississippi. The property generates substantial rental income, currently totaling $113,400 annually. Operating expenses are estimated at $24,000 per year, resulting in a significant net operating income of $89,400. This translates to an attractive 7.45% return on the asking price of $1,200,000. The building's prime location next to a major retailer ensures high visibility and convenient access for tenants and customers. The strong tenant occupancy and consistent cash flow make this a compelling investment for those seeking a stable and profitable commercial real estate asset. Further details regarding the building's square footage and specific lease terms are available upon request. This is a rare opportunity to acquire a well-performing commercial property in a thriving market. The property's location and strong financial performance make it an ideal addition to any diversified investment portfolio. Serious inquiries only.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

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

Location

1663 Us 49 Magee, MS 39111
Magee metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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