Turnkey Medical Office
For Sale
$521,000
108 Trade Center Ln, Hazlehurst, MS 39083
Fully equipped medical office currently operating as a dental practice, offered with equipment and most furnishings.
Property Size1,672 SF
Price / SF$311.60
Days on Market93
Property Features for 108 Trade Center Ln
General Information
Standard status
Active
Size
1,672 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1983
Listing Agency:
RE/MAX Connection
Listed By:
Daniel Ward · License #B17112
(601) 906-9822
Source:
Fiorellaavenue
Added: Jun 10
Changed: Sep 8
Last Checked: Sep 9 at 10:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Connection
Investment Insights
Based on property information with market context.
This commercial office building is currently operating as a dental office and is described as fully equipped for immediate use. The sale includes the dental equipment along with most furnishings and fixtures, which can reduce setup time for a qualified medical or professional operator. The space is also presented as adaptable for a doctor's office or other professional use.
The property is located at 108 Trade Center Lane in Hazlehurst, MS, in a convenient, high-traffic area with visibility and accessibility intended to support client reach. As described, the location is positioned to help attract and retain patients or clients.
For buyers seeking an owner-occupant or an operator-ready medical office, the current dental operation and turnkey package make the property well suited for a dental or healthcare practice that wants to begin operations promptly. For other professional users, the underlying office configuration and emphasis on adaptable use can support conversion to a broader range of medical office needs, subject to the buyer’s intended buildout and use requirements.
The property is located at 108 Trade Center Lane in Hazlehurst, MS, in a convenient, high-traffic area with visibility and accessibility intended to support client reach. As described, the location is positioned to help attract and retain patients or clients.
For buyers seeking an owner-occupant or an operator-ready medical office, the current dental operation and turnkey package make the property well suited for a dental or healthcare practice that wants to begin operations promptly. For other professional users, the underlying office configuration and emphasis on adaptable use can support conversion to a broader range of medical office needs, subject to the buyer’s intended buildout and use requirements.
Key Highlights
- 674 +/- SF fully equipped commercial office building currently operating as a dental practice
- Sale includes all dental equipment and most furnishings and fixtures
- Space is suited for a dental or medical/doctor’s office or other professional use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,613
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$332,260
$332.3K
Cap Rate 7%
$237,329
$237.3K
Cap Rate 9%
$184,589
$184.6K
Market Conditions
NOI Build-Up for 1,672 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.1K $18.00/SF
− Vacancy
−$2.4K −$1.44/SF
EGI
$27.7K $16.56/SF
− OpEx
−$11.1K −$6.62/SF
NOI
$16.6K $9.94/SF
Area
Copiah County, MS
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$332,260
Cap Rate 7%
$237,329
Cap Rate 9%
$184,589
Alternative Uses
Best Use
Healthcare Medical
$237.3K
$207.7K – $276.9K
NOI $16,613 @ 7.0% cap · market cap 3.19%
Second Best
Office B
$223.2K
$195.3K – $260.4K
NOI $15,626 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$286.5K
$250.7K – $334.3K
NOI $20,056 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 39083, MS
9,517
Population
4,320
Households
2.2
Avg Household Size
41
Median Age
27%
College-Educated
85%
High-School Grad
321.0 sq mi
ZIP Area
30
Density / Sq Mi
$41,756
Median Household Income
$29,760
Median Earnings
$562
Median Rent
$87,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully equipped medical office currently operating as a dental practice, offered with equipment and most furnishings.
Where is this medical office space located?
The property is located at 108 Trade Center Ln Hazlehurst, MS.
What is the asking price?
The asking price for this property is $521,000.
What are key features of this property?
This property features: 674 +/- SF fully equipped commercial office building currently operating as a dental practice; Sale includes all dental equipment and most furnishings and fixtures; Space is suited for a dental or medical/doctor’s office or other professional use
