Updated Medical Clinic
For Sale
$425,000
2464 Main St, Plantersville, MS 38862
Commercial Sale, Plantersville, MS
Property Size2,961 SF
Lot Size0.71 Acres
Price / SF$143.53
Days on Market177
Property Features for 2464 Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Go east on Main Street Tupelo. Turn right on Briar Ridge Road (Hwy. 6) towards Plantersville. When you come into Plantersville the clinic will be on your left.
Subdivision
Southeast Lee
Standard status
Active
Size
2,961 SF
Lot size
0.71 Acres
Taxes and HOA fees
Tax Description
DEED-0208 241 05/14/2002
Tax Annual Amount
5201
Legal Description
DEED-0208 241 05/14/2002
Building Details
Floors in Building
1
Listing Agency:
ELITE REALTY · RE/MAX International
(662) 767-4700
Listed By:
Frank J Anger · License #S-59284
(662) 321-1669
Added: Apr 14
Changed: Sep 5
Last Checked: Oct 7 at 6:06AM
MLS# 26-1290
Copyright © 2026 Northeast Mississippi Board of Realtors. 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.
Located at 2464 Main St in Plantersville, Mississippi, this 2,961-square-foot commercial building sits on 0.71 acres and is currently operating as a medical clinic. The interior has been updated and arranged for clinical operations and professional use.
Parking accommodates patients and clients, while a separate rear area provides parking for staff and associates. The property offers a clearly defined healthcare use with an established physical layout and dedicated on-site parking.
Parking accommodates patients and clients, while a separate rear area provides parking for staff and associates. The property offers a clearly defined healthcare use with an established physical layout and dedicated on-site parking.
Key Highlights
- 2,961‑square‑foot commercial building
- Situated on a 0.71‑acre lot
- Currently operating as a medical clinic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,667
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,340
$553.3K
Cap Rate 7%
$395,243
$395.2K
Cap Rate 9%
$307,411
$307.4K
Market Conditions
NOI Build-Up for 2,961 SF
Gross rent
$51.5K $17.40/SF
− Vacancy
−$5.4K −$1.83/SF
EGI
$46.1K $15.57/SF
− OpEx
−$18.4K −$6.23/SF
NOI
$27.7K $9.34/SF
Area
Lee County, MS
Vacancy
10.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,340
Cap Rate 7%
$395,243
Cap Rate 9%
$307,411
Alternative Uses
Best Use
Healthcare Medical
$395.2K
$345.8K – $461.1K
NOI $27,667 @ 7.0% cap · market cap 6.51%
Second Best
Office B
$371.2K
$324.8K – $433.1K
NOI $25,983 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$556.1K
$486.6K – $648.8K
NOI $38,926 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Explore this area
Business Placement
Demographics for 38862, MS
2,271
Population
1,091
Households
2.1
Avg Household Size
46
Median Age
30%
College-Educated
84%
High-School Grad
29.8 sq mi
ZIP Area
76
Density / Sq Mi
$51,688
Median Household Income
$41,543
Median Earnings
$841
Median Rent
$136,900
Median Home Value
Check the figures for this property
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 center - Existing clinical layout includes customer parking and a separate rear area for staff vehicles.
Where is this medical center located?
The property is located at 2464 Main St Plantersville, MS.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,961‑square‑foot commercial building; Situated on a 0.71‑acre lot; Currently operating as a medical clinic
