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Property profile & analytics
OFF-MARKET
Commercial real estate

502 Old Morton Rd Forest, MS 39074

23,000 SF 1.73 ac lot Built 1971
Property ID
US50-1424393
Property summary
AI-generated overview

This exceptional commercial property, located at 502 Old Morton Road in Forest, Mississippi, presents a remarkable investment opportunity. Spanning approximately 1.73 acres, the property boasts a substantial 23,000 square feet of building space, offering immense versatility for a wide range of commercial ventures. Previously utilized as a party supply store and glass repair shop, among other businesses, this adaptable space is ready for its next chapter. The building features multiple roll-up doors, significantly enhancing loading and unloading efficiency for businesses requiring easy access. Beyond the main floor, the property includes a secure safe room, providing added security and storage options. Dedicated office space is available, perfect for administrative functions, and a well-equipped workshop area caters to businesses requiring hands-on production or repair services. The property's ample size and diverse features make it an ideal location for a variety of commercial uses, promising significant returns for the discerning investor. The strategic location within the city of Forest ensures convenient access to local amenities and a thriving community. This is a rare opportunity to acquire a substantial commercial property with significant potential for growth and profitability. Schedule a viewing today to explore the possibilities.

Property profile
Verified
Property type Commercial real estate
Year built 1971
Total area 23,000 SF
Lot 1.73 ac (75,359 SF)
UPID US50-1424393
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
  • Party House Party Supply Store (Bike/Boat/Book/etc) Store
  • Central Mississippi Glass Co Auto Repair Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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