Property profile

437 N Magnolia St Laurel, MS 39440

FOR SALE
Office buildings
Property ID
US50-0511877
5,760 SF 0.09 ac lot Built 1919
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

A mixed-use building in Laurel, Mississippi with approximately 9,470 square feet of space. The upper level contains four residential units, each with a full kitchen and a full bathroom and access to a shared laundry area; two units are configured for up to two occupants, while two larger loft-style units accommodate up to four occupants. The residential units are arranged to support either nightly stays or longer-term occupancy. The ground level includes two commercial spaces: one with a kitchen area and dining room, and a smaller space suitable for retail or professional services. A large basement is included for storage. The property has public parking available across the street.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1919
Total area 5,760 SF
Lot 0.09 ac (4,104 SF)
APN 118Y-05-13-005.00
UPID US50-0511877

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Law Firm
  • Accounting Firm Tax Preparation

Location

437 N Magnolia St Laurel, MS 39440
Laurel metro Census 950500 LAUREL, MS MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2010
Price N/A

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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