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Property profile & analytics
OFF-MARKET
Commercial real estate

401 Bailey Dr Hollandale, MS 38748

6,405 SF 1.21 ac lot Built 1998
Property ID
Property summary
AI-generated overview

This exceptional 6,405 square foot commercial property, situated on a 1.21-acre lot at 401 Bailey Drive in Hollandale, Mississippi, presents a remarkable investment opportunity. Previously utilized as a mental health facility, this versatile building offers a multitude of potential uses for a diverse range of businesses. The layout includes numerous private offices, providing individual workspaces for employees or clients, complemented by open cubicle workspaces ideal for collaborative projects. A large, well-appointed conference room offers a dedicated space for meetings and presentations. A significant advantage is that the property comes fully furnished, including desks, chairs, copiers, computers, and media equipment, minimizing initial setup costs and allowing for immediate occupancy. The building and grounds are meticulously maintained, reflecting a commitment to quality and upkeep. The previous owner is available to provide valuable insights into the building's history and operational capabilities, offering potential buyers a unique opportunity to learn from past successes. This property represents a rare chance to acquire a well-equipped, versatile commercial space in a desirable location, ready for immediate use or customization to suit specific business needs. The asking price is $372,000.

Property profile
Verified
Property type Commercial real estate
Year built 1998
Total area 6,405 SF
Lot 1.21 ac (52,708 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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