Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    505 Avalon Way Brandon, MS 39047

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $600,000

    Office complex with multiple suites and easy access location.

    Lot size:
    0.52 Acres

    Property Features for 505 Avalon Way

    General Information

    Standard status
    Active
    Lot size
    0.52 Acres

    Building Details

    Year built
    2009

    We can help!

    Listing Contact
    Lee Garland
    Lee Garland
    Source: Exitrealty

    Listing Agency: Epique Listing Agent: Lee Garland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Office Complex with Multiple Suites

    This office complex offers convenient access to both Spillway Road and Lakeland Drive. The property features three forward-facing suite entrances, making it suitable for accommodating up to three separate businesses. The current layout includes 17 private offices, two conference rooms, two large training rooms, a mail room, and a full kitchen. Additionally, the property provides workstations and a covered deck.
    Location Intelligence

    Current Use by Public Records

    Lee Garland - Garland ... Real Estate Agency Re/Max Alliance: Real Estate Agency Re/Max Alliance: Robyn ... Real Estate Agency Re/Max Alliance Real Estate Agency RE/MAX Mississippi Randy ... Real Estate Agency

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.0382595
    Latitude
    32.3740399

    Nearby Similar for Sale

    • $600,000
      6,089 SF

      Brandon MS Commercial Office Building

      Office complex with multiple suites and easy access location.
      505 Avalon Way, Brandon, MS 39047
      View Details
    • $1,161,000
      105,415 SF

      Stonebridge Mixed-Use Development Opportunity

      Large-scale mixed-use development with retail and residential potential.
      Stonebridge Blvd, Brandon, MS 39042
      View Details
    • $770,000

      Two-Story Office Building in Brandon

      Two-story office building in high-demand Brandon commercial corridor.
      224 Commerce Dr, Brandon, MS 39042
      View Details
    • Contact for pricing

      Retail Space in Crossgates Landing

      Prime retail space in high-traffic Brandon retail center.
      1490 W Government St, Brandon, MS 39042
      View Details
    • $675,000
      6,089 SF

      Prime Brandon Office Complex

      Spacious Office Building, Excellent Location
      505 Avalon Way, Brandon, MS 39047
      View Details
    • Contact for pricing

      Adaptable Commercial Space in Brandon

      Flexible commercial property with private outdoor area in high-traffic location.
      213 Commerce Dr, Brandon, MS 39042
      View Details
    • $525,000
      2,351 SF

      Prime Brandon Storefront Opportunity

      High-income retail/office space, billboard included.
      109 Grants Ferry Rd, Brandon, MS 39047
      View Details
    • $325,000
      3.53 Acres

      Prime Brandon Commercial Land

      3.53 Acres, Hwy 25 Access
      230 Donald Ln, Brandon, MS 39047
      View Details
    • Contact for pricing
      3,900 SF

      New Restaurant Property For Sale

      New construction restaurant property with long-term lease and rent increases.
      316 Stribling Ln, Brandon, MS 39042
      View Details
    • Contact for pricing
      5,988 SF

      Established Office Building For Sale

      Office building with long-term tenant and minimal landlord responsibility.
      101 Christian Dr, Brandon, MS 39042
      View Details
    • Contact for pricing

      Corner Property with Drive-Through

      Versatile commercial space suitable for financial, medical, or retail use.
      1934 Spillway Rd, Brandon, MS 39047
      View Details

    FAQs

    What type of property is this?
    Office building - Office complex with multiple suites and easy access location.
    Where is this office building located?
    The property is located at 505 Avalon Way Brandon, MS.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Easy access location to Spillway Rd and Lakeland Dr.; - Can easily support 3 separate businesses with 3 forward facing suite entrances.; - Features **17 private offices**.
    (601) 983-1130
    Request Owner's contact information
    505 Avalon Way Brandon, MS 39047
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    505 Avalon Way
    Brandon, MS 39047
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    505 Avalon Way Brandon, MS 39047
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lee Garland
    Lee Garland
    Real Estate License ID: B13983
    (601) 983-1130 (888) 893-3537 (601) 664-6959
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!