Automotive Shop with
827 Highway 35 S Forest, MS 39074
827 Highway 35 S, Forest, MS, 39074
$550,000
For Sale
$550,000
Former car lot with a shop and office space, including multiple restrooms and strong daily traffic exposure.
Property Size2,169 SF
Price / SF$253.57
Days on Market34
Property Features for 827 Highway 35 S
General Information
- Standard status
- Active
- Size
- 2,169 SF
Listing agency
Southern Homes Real Estate
(601) 540-2034
Listed by
Madison Hill · License #S55311
(601) 540-2034
Source
Exprealty
Added: Jun 19 Updated: Jul 22 at 5:06PM Checked: Jul 22 at 5:06PM
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 Southern Homes Real Estate
Investment Insights
Based on property information with market context.
This highly visible property was formerly operating as a car lot and is set up with a combined office and shop layout. The 2,160-square-foot building includes 937 square feet of office space with a welcoming lobby, three private offices, and one restroom. An attached 1,223-square-foot shop area provides additional flexibility and includes an additional restroom, supporting automotive, service, retail, or light industrial uses.
Located at 827 Highway 35 S in Forest, MS on approximately 0.72 acres, the site is described as having highway frontage and a traffic count of over 19,000 vehicles per day, which can support businesses that benefit from consistent pass-by exposure.
With its shop-and-office configuration and roadside visibility, the property offers a straightforward footprint for operations that require both customer-facing or administrative space and an attached service area.
Located at 827 Highway 35 S in Forest, MS on approximately 0.72 acres, the site is described as having highway frontage and a traffic count of over 19,000 vehicles per day, which can support businesses that benefit from consistent pass-by exposure.
With its shop-and-office configuration and roadside visibility, the property offers a straightforward footprint for operations that require both customer-facing or administrative space and an attached service area.
Key Highlights
- Approximately 0.72‑acre highly visible commercial property with over 19,000 vehicles per day traffic count
- 2,160‑SF building with 937 SF of office space, including a lobby, three private offices, and one restroom
- Attached 1,223‑SF shop area with an additional restroom
Local Financial Insights For Retail
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 | $32.5k | $15.00 |
| − Vacancy | −$1.8k | −$0.84 |
| EGI | $30.7k | $14.16 |
| − OpEx | −$9.2k | −$4.25 |
| NOI | $21.5k | $9.91 |
2,169 SF · lease $15.00/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$307.1K
$268.7K – $358.3K
NOI $21,499 @ 7.0% cap · market cap 3.91%
Second Best
Office B
$289.6K
$253.4K – $337.9K
NOI $20,271 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$371.7K
$325.2K – $433.6K
NOI $26,018 @ 7.0% cap · market cap 4.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Forest Chrysler Dodge Jeep — 1126 ms-35, forest, ms 39074
- Forest Ford, Inc. Service — 1126 MS-35, Forest, MS 39074
- Forest Ford, Inc. Parts — 1126 ms-35, forest, ms 39074
- Justin Auto Repair — 200 Cleveland St, Forest, MS 39074
- Forest Ford, Inc. Parts — 1126 highway 35 north, forest, ms 39074
FAQs
What type of property is this?
Auto shop - Former car lot with a shop and office space, including multiple restrooms and strong daily traffic exposure.
Where is this auto shop located?
The property is located at 827 Highway 35 S Forest, MS.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 0.72‑acre highly visible commercial property with over 19,000 vehicles per day traffic count; 2,160‑SF building with 937 SF of office space, including a lobby, three private offices, and one restroom; Attached 1,223‑SF shop area with an additional restroom
