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    226 Central Ave Petal, MS 39465

    For Sale
    $450,000

    Versatile Office Space, Excellent Location

    Property size:
    2,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial facility, located at 226 E. Central Ave in Petal, Mississippi, offers 3,577 square feet of space with 2,960 square feet of net rentable area. Situated on a 0.44-acre lot (19,030 square feet), this single-story, Class B building boasts a prime location surrounded by retail, schools, and established commercial developments. The property features four points of entrance/egress, two large executive offices with floor-to-ceiling windows, an expansive lobby, a spacious conference room, a built-in break room, additional office coves, and beautiful brick floors. A working vault and a highly visible sign with a marketing marquee are also included. The well-landscaped parking lot complements the well-maintained building. Previously a bank branch, this versatile space is ideal for various uses, including medical applications (pharmacy, emergency care), thanks to its layout and existing features. The asking price is $450,000, representing $125.80 per square foot. The property is offered fee simple. This is a move-in ready opportunity in a thriving community.

    Property Features for 226 Central Ave

    General Information

    Property type
    Medical offices
    Square Feet
    2,960 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Fee‑simple ownership of a 3,577 SF building on a 0.44‑acre lot.
    • Located at 226 E. Central Ave, Petal, MS 39465, in Forrest County.
    • Features 2,960 SF of net rentable area.
    • Offered at $450,000, or $125.80 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Petal
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.257926057571
    Latitude
    31.346686180055

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    FAQs

    What type of property is this?
    Medical office - Versatile Office Space, Excellent Location
    Where is this medical office located?
    The property is located at 226 Central Ave Petal, MS.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Fee-simple ownership of a 3,577 SF building on a 0.44-acre lot.; Located at 226 E. Central Ave, Petal, MS 39465, in Forrest County.; Features 2,960 SF of net rentable area.
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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
    226 Central Ave Petal, MS 39465
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