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    136 15Th Ave Laurel, MS 39440

    For Sale
    $259,000

    High-traffic location, versatile space.

    Property size:
    2,260 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 2,260 square foot brick building is ideally situated just one block from 16th Avenue in Laurel, MS, offering unparalleled proximity to the local hospital and numerous medical offices. The property boasts a highly desirable location, ensuring excellent visibility and accessibility for any business. Currently configured as a medical facility, the building features six treatment rooms, multiple storage and work areas, two half-bathrooms, a dedicated reception area, and ample general office space. The stand-alone structure provides convenient access and ample parking with 20 spaces available. The 0.26-acre lot ensures ease of egress and maneuverability. This versatile property presents a significant opportunity for a variety of businesses. Its current layout is easily adaptable to suit diverse needs, making it an attractive option for entrepreneurs seeking a ready-to-occupy space. The building's solid construction and prime location make it a sound investment. A lease option is available at $2500 per month with a $2500 security deposit. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving area. Don't miss out on this exceptional investment.

    Property Features for 136 15Th Ave

    General Information

    Property type
    Investment properties
    Square Feet
    2,260 SF
    Lot Size
    11,326 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -89.1457
    Latitude
    31.6885

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    FAQs

    What type of property is this?
    Investment property - High-traffic location, versatile space.
    Where is this investment property located?
    The property is located at 136 15Th Ave Laurel, MS.
    What is the asking price?
    The asking price for this property is $259,000.
    (601) 319-1950
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    136 15Th 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
    136 15Th Ave Laurel, MS 39440
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