120 11th Ave Laurel, MS 39440
This 1,800 square foot commercial property, situated on a 0.13-acre lot at 120 S 11th Avenue in Laurel, MS, presents a fantastic business opportunity. The building's layout is ideal for a variety of uses, particularly medical or insurance practices. The ground floor boasts four individual office spaces, a spacious waiting area designed for patient or client comfort, and a large reception area perfect for administrative staff. Adding to its versatility, there is also a sizable office area located upstairs, offering additional space for expansion, storage, or specialized functions. The property's prime location in Laurel ensures high visibility and accessibility, making it an attractive option for businesses seeking a well-established and convenient location. The asking price is $280,000. This is a rare opportunity to acquire a well-maintained commercial space in a desirable area, ready for immediate occupancy. The building's existing layout offers immediate functionality, minimizing the need for extensive renovations. Serious inquiries are encouraged to explore this exceptional business opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.