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    115 12Th Ave Laurel, MS 39440

    For Sale
    $599,000

    17,773 SF, .73 Acres, High Visibility

    Property size:
    17,773 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property at 115 N 12th Ave, Laurel, MS, offers a substantial 17,773 square feet of space on a sizable .73-acre lot. The split-level building boasts a highly desirable C3 zoning within the central business district, ensuring excellent accessibility and visibility. The structure itself is built on a concrete slab with concrete block walls, offering durability and low maintenance. The attractive façade features significant plate glass windows, maximizing natural light and creating a modern aesthetic. Ample parking is provided with approximately 30 asphalt spaces. A covered loading dock with an adjacent storage room is located on the east side of the building, enhancing functionality for businesses requiring loading and unloading capabilities. The main level encompasses 7,590 square feet and includes versatile office spaces, restrooms, and a convenient utility room with a sink. Significant recent improvements have been made, including the installation of new epoxy flooring, a comprehensive sprinkler system, and an upgraded electrical panel. Detailed documentation outlining the full scope of these improvements is available. This property presents a rare opportunity for businesses seeking a well-maintained, spacious, and strategically located commercial building in a thriving area.

    Property Features for 115 12Th Ave

    General Information

    Property type
    Investment properties
    Square Feet
    17,773 SF
    Lot Size
    16,117 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
    -89.14068
    Latitude
    31.69027

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    FAQs

    What type of property is this?
    Investment property - 17,773 SF, .73 Acres, High Visibility
    Where is this investment property located?
    The property is located at 115 12Th Ave Laurel, MS.
    What is the asking price?
    The asking price for this property is $599,000.
    (601) 580-2772
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    115 12Th 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
    115 12Th Ave Laurel, MS 39440
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