4129 Ms-15 Laurel, MS 39440
This exceptional self-storage facility in Laurel, Mississippi, presents a compelling investment opportunity. Priced at $1,700,000, this property boasts a substantial 29,620 square feet and offers a strong 7.00% cap rate. The facility comprises 113 individual storage units and 10 retail office spaces, creating diverse income streams. Its strategic location in Laurel, serving the Hattiesburg MSA with a population exceeding 85,000, ensures a robust customer base. Further enhancing its profitability is an on-site billboard, generating additional revenue. The property benefits from StorEdge remote management, optimizing operational efficiency and minimizing overhead. This well-maintained facility is situated at 4129 MS-15, Laurel, MS 39440, and is offered under a gross lease agreement with multiple tenants. The property's combination of high occupancy potential, multiple revenue streams, and efficient management makes it an attractive investment for those seeking a stable and profitable asset in a growing market. This is a turnkey operation ready for immediate income generation. The property is categorized as a multi-tenant facility.
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.