1663 Us 49 Magee, MS 39111
This exceptional investment opportunity presents a fully rented office building ideally situated adjacent to a Walmart in Magee, Mississippi. The property generates substantial rental income, currently totaling $113,400 annually. Operating expenses are estimated at $24,000 per year, resulting in a significant net operating income of $89,400. This translates to an attractive 7.45% return on the asking price of $1,200,000. The building's prime location next to a major retailer ensures high visibility and convenient access for tenants and customers. The strong tenant occupancy and consistent cash flow make this a compelling investment for those seeking a stable and profitable commercial real estate asset. Further details regarding the building's square footage and specific lease terms are available upon request. This is a rare opportunity to acquire a well-performing commercial property in a thriving market. The property's location and strong financial performance make it an ideal addition to any diversified investment portfolio. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.