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    618 Magnolia St Madison, MS 39110

    For Lease
    $11,400 /Mo ($45 SF/Yr)

    Prime Madison location, renovated office space

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional executive office suite, located at 618 Magnolia St in Madison, Mississippi, offers a tranquil workspace despite its convenient proximity to I-55 and Hwy 51. The 3,000 square foot, two-story Class B building underwent a complete renovation in 2022, boasting attractive wood beam ceilings and flooring, and abundant natural light. Currently configured for multiple tenants, this property features one available space of 150 square feet, with options for single rooms or individual desks. The building includes covered parking, shared restrooms, and a common kitchen area for tenant convenience. Individual office suites range from $950 to $1100 per month, while individual desks are available for $425 per month. These rates are all-inclusive, covering utilities, janitorial services, and high-speed Wi-Fi. The quiet, peaceful setting ensures an ideal environment for focused work. Located in Madison County, Mississippi, zip code 39110, this property presents a unique opportunity for businesses seeking a sophisticated and functional office space. The building consists of one structure.

    Property Features for 618 Magnolia St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF
    Class
    B
    Total Rate
    11400

    Building Details

    Year Renovated
    2022
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    1
    Size
    150 SF
    Rate per SF
    $11,400

    HighLights

    • Former architect's office space now available for lease as individual offices or desks.
    • Conveniently located near I‑55 and Hwy 51 in Madison, yet surprisingly quiet and peaceful.
    • Features attractive wood beam ceilings, wood flooring, and abundant natural light.
    • Covered parking available.
    • Flexible lease options: private offices ($950-$1100/month) or individual desks ($425/month).
    • Shared restrooms and kitchen included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Performance Pet Products ... Pet Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Mississippi
    Longitude
    -90.119860355682
    Latitude
    32.452142705565

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Madison location, renovated office space
    Where is this office property / space located?
    The property is located at 618 Magnolia St Madison, MS.
    What is the lease rate?
    The lease rate is $11,400 /Mo.
    What are key features of this property?
    This property features: Former architect's office space now available for lease as individual offices or desks.; Conveniently located near I-55 and Hwy 51 in Madison, yet surprisingly quiet and peaceful.; Features attractive wood beam ceilings, wood flooring, and abundant natural light.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    618 Magnolia St Madison, MS 39110
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