Two-Building Retail
3539 Old Brandon Road, Pearl, MS 39208
For Sale
$449,999
The main structure operates as a barbershop, while the second building serves as storage.
Property Size3,000 SF
Price / SF$149
Days on Market185
Property Features for 3539 Old Brandon Road
General Information
Standard status
Size
Property subtype
Additional Details
Currently Operating
Amenities
reception area
workstations
private rooms
kitchen/break area
on-site parking
accessible parking spot
paved parking area
Building Details
Building Size
Year Built
Buildings
Listing Agency:
The Agency Haus LLC DBA Agency
Listed By:
Denetra McPhearson · License #B24668
(601) 665-4869
Source:
Cumbestrealty
Added: May 9
Changed: Nov 8
Last Checked: Nov 8 at 11:34AM
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 The Agency Haus LLC DBA Agency
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Investment Insights
Based on property information with market context.
This retail property comprises two buildings on two lots, with a reported property size of 3,000 and a year built of 1965. The main building is operating as a barbershop and includes a reception area, multiple workstations, private rooms, and a kitchen and break area. A separate building is used for storage.
Paved on-site parking includes multiple dedicated spaces and an accessible space at the front entrance. The property is located at 3539 Old Brandon Road in Pearl, Mississippi.
Paved on-site parking includes multiple dedicated spaces and an accessible space at the front entrance. The property is located at 3539 Old Brandon Road in Pearl, Mississippi.
Key Highlights
- Two buildings situated on two lots
- Reported property size of 3,000; year built: 1965
- Main building operates as a barbershop with reception, workstations, private rooms, and a kitchen/break area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,505
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,100
$630.1K
Cap Rate 7%
$450,071
$450.1K
Cap Rate 9%
$350,056
$350.1K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$47.9K $15.96/SF
− Vacancy
−$2.9K −$0.96/SF
EGI
$45.0K $15.00/SF
− OpEx
−$13.5K −$4.50/SF
NOI
$31.5K $10.50/SF
Area
Rankin County, MS
Vacancy
6.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,100
Cap Rate 7%
$450,071
Cap Rate 9%
$350,056
Alternative Uses
Best Use
Retail
$450.1K
$393.8K – $525.1K
NOI $31,505 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$822.9K
$720.0K – $960.0K
NOI $57,600 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Explore this area
Business Placement
Demographics for 39208, MS
34,228
Population
13,931
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
87%
High-School Grad
47.8 sq mi
ZIP Area
716
Density / Sq Mi
$58,878
Median Household Income
$40,785
Median Earnings
$1,157
Median Rent
$173,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The main structure operates as a barbershop, while the second building serves as storage.
Where is this retail space located?
The property is located at 3539 Old Brandon Road Pearl, MS.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Two buildings situated on two lots; Reported property size of 3,000; year built: 1965; Main building operates as a barbershop with reception, workstations, private rooms, and a kitchen/break area
