Nursing Home Compound with
219 Bass Road Florence, MS 39073
219 Bass Road, Florence, MS, 39073
$945,000
For Sale
$945,000
Commercial Sale, Other - Florence, MS
Property Size7,401 SF
Lot Size5.00 Acres
Price / SF$127.69
Days on Market120
Property Features for 219 Bass Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 12
- Bathrooms
- 7
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Standard status
- Active
- Size
- 7,401 SF
- Lot size
- 5.00 Acres
Building Details
- Architectural style
- Other
Listing Agency
NextHome Realty Experience
(601) 521-2866
1139 Old Fannin Rd, Suite K, MS
Listed by
Ryan Porter · License #B-22802,PersonLicenseNumber
(601) 238-6620
Added: Mar 20 Checked: Jul 17 at 4:06 pm
MLS# 4143084
Listing URL
Copyright © 2026 NextHome, Inc. 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 for-sale property is a nursing-home compound on approximately five acres, featuring two substantial brick homes and three mobile homes located behind House 2. Both homes have been updated with new roofs. House 1 includes a dining and entertainment room flowing into the kitchen, six bedrooms with 16 closets, three full bathrooms, and a dedicated laundry room.
House 2 offers six oversized bedrooms with 16 closets, three remodeled bathrooms, a laundry room with hookups for three washers and three dryers, and two kitchen areas. The home also includes a spacious dining area, a den with a fireplace, and an expansive screened-in back porch. A new central HVAC system is noted for House 2.
The three mobile homes behind House 2 would need rehabilitation before use. The property is described as having capacity for 30+ people based on the bedroom and bathroom configurations across the residences.
House 2 offers six oversized bedrooms with 16 closets, three remodeled bathrooms, a laundry room with hookups for three washers and three dryers, and two kitchen areas. The home also includes a spacious dining area, a den with a fireplace, and an expansive screened-in back porch. A new central HVAC system is noted for House 2.
The three mobile homes behind House 2 would need rehabilitation before use. The property is described as having capacity for 30+ people based on the bedroom and bathroom configurations across the residences.
Key Highlights
- Two 3,000 SF ± brick homes on approximately five acres
- Both homes have updated with new roofs
- House 1: six bedrooms, 16 closets, 3 full bathrooms, and a dedicated laundry room
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.4k | $21.00 |
| − Vacancy | −$16.3k | −$2.21 |
| EGI | $139.1k | $18.80 |
| − OpEx | −$55.6k | −$7.52 |
| NOI | $83.5k | $11.28 |
7,401 SF · lease $21.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.19M
$1.04M – $1.39M
NOI $83,461 @ 7.0% cap · market cap 8.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M
NOI $142,099 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nursing homes
Similar For Sale Nearby
FAQs
What type of property is this?
Nursing home - Sprawling five-acre compound with two updated brick homes and additional mobile homes behind one residence.
Where is this nursing home located?
The property is located at 219 Bass Road Florence, MS.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Two 3,000 SF ± brick homes on approximately five acres; Both homes have updated with new roofs; House 1: six bedrooms, 16 closets, 3 full bathrooms, and a dedicated laundry room
