Equipped Medical Office
For Sale
$521,000
108 Trade Center Lane, Hazlehurst, MS 39083
Commercial Sale, Hazlehurst, MS
Property Size1,672 SF
Lot Size0.17 Acres
Price / SF$311.60
Days on Market94
Property Features for 108 Trade Center Lane
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
Metes And Bounds
Directions
From Jackson take I-55 South to Hazlehurst Exit # 61. Turn back to your left on Hwy 28. Go to the light at Hwy 28 and Hwy 51 and make a right. Once on Hwy 51 between on the left you will see a Bumpers and a Trustmark Bank and Trade Center Lane runs between them.
Standard status
Active
APN
5-107c-04-004.00
Size
1,672 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
SEC/TWN/RNG/MER:SEC 04 TWN 10N RNG 08E 60' X 125' LOT IN NE1/4 OFFHWY 51 PLUMMER PLAT AS PERDB 12F-290 / 12D-685SEC 4-10N-8E1702-03-2-D-3.02
Tax Annual Amount
1152
Legal Description
SEC/TWN/RNG/MER:SEC 04 TWN 10N RNG 08E 60' X 125' LOT IN NE1/4 OFFHWY 51 PLUMMER PLAT AS PERDB 12F-290 / 12D-685SEC 4-10N-8E1702-03-2-D-3.02
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1983
Floors in Building
1
Listing Agency:
RE/MAX Connection · RE/MAX International
(601) 326-3670
Listed By:
Daniel Ward · License #B17112
(601) 906-9822
Added: Jun 1
Changed: Aug 29
Last Checked: Sep 2 at 3:06PM
MLS# 4151362
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical office property is configured for an operating dental practice and includes dental equipment, most furnishings, and fixtures in the sale. The layout can also be adapted for a physician’s office or another professional use, subject to applicable requirements.
Built in 1983, the property occupies a 0.17-acre site in Hazlehurst, Mississippi. Public water and public sewer serve the property, providing established utility infrastructure for continued office use.
Built in 1983, the property occupies a 0.17-acre site in Hazlehurst, Mississippi. Public water and public sewer serve the property, providing established utility infrastructure for continued office use.
Key Highlights
- Dental equipment included in the sale
- Most furnishings and fixtures included
- Currently configured as a dental office
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
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing dental-office improvements include equipment, furnishings, and fixtures.
Where is this medical office space located?
The property is located at 108 Trade Center Lane 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: Dental equipment included in the sale; Most furnishings and fixtures included; Currently configured as a dental office
