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Property profile & analytics
OFF-MARKET
Commercial real estate

145 Main St Forest, MS 39074

12,096 SF 0.14 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 145 W Main Street in Forest, Mississippi, presents a rare opportunity for investors seeking a stable, income-generating asset. The 12,096 square foot building sits on a 0.14-acre lot and is currently occupied by two established tenants. This provides immediate cash flow and minimizes vacancy risk. One tenant has enjoyed a long-term presence, exceeding 15 years, and recently signed a new 5-year lease with four years remaining. The second tenant is on a month-to-month agreement, offering flexibility for future planning. The property's prime location on West Main Street ensures high visibility and accessibility, attracting significant foot traffic and potential for future growth. The building's size and layout are well-suited for a variety of commercial uses, making it an adaptable investment for long-term success. The asking price of $85,000 represents a compelling value for a property with such established tenancy and a strong location. This is an ideal opportunity for investors seeking a low-risk, high-return investment in a thriving Mississippi community. The property's current occupancy and lease agreements provide immediate income, minimizing the typical challenges associated with vacant commercial space. This turnkey investment is ready for a new owner to step in and begin profiting from its established success. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 12,096 SF
Lot 0.14 ac (6,098 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
Current use
Occupant on record · Public records
  • Carl Tanya Law Firm
  • Pioneer Health Services Health
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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