226 Central Ave Petal, MS 39465
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.
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
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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.