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Property profile & analytics
OFF-MARKET
Office Spaces

1663 Us 49 Magee, MS 39111

8,000 SF 0.68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Class A office building, located at 1663 US 49 in Magee, Mississippi, presents a compelling investment opportunity. The property boasts 8,000 square feet situated on a 0.68-acre lot, offering high visibility due to its adjacency to a Walmart. Currently operating at 100% occupancy with two tenants, this multi-tenant building generates a substantial net operating income (NOI) of $89,000, resulting in an attractive 7.42% capitalization rate. The asking price is $1,200,000, translating to $600,000 per unit. The property features a single, one-story building with two distinct units, suitable for executive or medical office uses. The property is offered fee simple, and the parcel number is 41839000260000000512. This is a rare opportunity to acquire a well-performing, high-visibility commercial property in a desirable location with a strong tenant base and excellent financial performance under a Net Net lease structure. The property's strategic location and strong cash flow make it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Office Spaces
Total area 8,000 SF
Lot 0.68 ac (29,621 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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