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Property profile & analytics
OFF-MARKET
Office Spaces

226 Central Ave Petal, MS 39465

2,960 SF
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Total area 2,960 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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