Financial
Distress signals
Property profile

120 Scarbrough St Richland, MS 39218

FOR LEASE
Office Spaces
Property ID
US50-0031153
14,081 SF 0.97 ac lot Built 1993
Last sale Jan 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
120 Scarbrough St, Richland, MS 39218 For Lease
$1,707/Mo 1,205 SF available
120 Scarbrough St, Richland, MS 39218
View Listing

Property summary

AI-generated overview

This Class A, 12,885-square-foot medical office building in Richland, Mississippi, presents a unique owner-user opportunity. Located at the prominent intersection of Scarbrough Street and US 49, this single-story building sits on a 2.09-acre lot and boasts a completely renovated interior and exterior. Improvements include a new roof, paint, carpeting, flooring, lighting, and HVAC system. The parking and drive areas feature new asphalt and striping. The building is fully sprinklered. The

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$18k
Tax billed · 2019
Assessed value · 2023$171k
Effective rate10.29%

Value estimate

· Sep 2026
$680k
$612k – $748k
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 402.17% cap applied$7k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
402.17%
$7k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRANKIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.8
Building Supply13.6
Law Firm13.3

Location

120 Scarbrough St Richland, MS 39218
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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