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    4129 Ms-15 Laurel, MS 39440

    For Sale
    $1,700,000

    High-Yield Self Storage Investment in Laurel, MS

    Property size:
    29,620 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional self-storage facility in Laurel, Mississippi, presents a compelling investment opportunity. Priced at $1,700,000, this property boasts a substantial 29,620 square feet and offers a strong 7.00% cap rate. The facility comprises 113 individual storage units and 10 retail office spaces, creating diverse income streams. Its strategic location in Laurel, serving the Hattiesburg MSA with a population exceeding 85,000, ensures a robust customer base. Further enhancing its profitability is an on-site billboard, generating additional revenue. The property benefits from StorEdge remote management, optimizing operational efficiency and minimizing overhead. This well-maintained facility is situated at 4129 MS-15, Laurel, MS 39440, and is offered under a gross lease agreement with multiple tenants. The property's combination of high occupancy potential, multiple revenue streams, and efficient management makes it an attractive investment for those seeking a stable and profitable asset in a growing market. This is a turnkey operation ready for immediate income generation. The property is categorized as a multi-tenant facility.

    Property Features for 4129 Ms-15

    General Information

    Property type
    Self storage facilities
    Square Feet
    29,620 SF

    HighLights

    • $1,700,000 asking price.
    • 29,620 square foot self‑storage facility.
    • 113 storage units and 10 retail office spaces.
    • 7.00% cap rate.
    • Gross lease, multi‑tenant property.
    • Located in Laurel, MS, serving the Hattiesburg MSA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Laurel
    County
    Jones
    State
    Mississippi
    Longitude
    -89.1466343
    Latitude
    31.7439519

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    FAQs

    What type of property is this?
    Self storage facility - High-Yield Self Storage Investment in Laurel, MS
    Where is this self storage facility located?
    The property is located at 4129 Ms-15 Laurel, MS.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: $1,700,000 asking price.; 29,620 square foot self-storage facility.; 113 storage units and 10 retail office spaces.
    Request Owner's contact information
    4129 Ms-15 Laurel, MS 39440
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    Laurel, MS 39440
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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
    4129 Ms-15 Laurel, MS 39440
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