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Property profile & analytics
OFF-MARKET
Office Spaces

518 Old Richton Rd Petal, MS 39465

Individually Owned 4-yr Hold
Property ID
US50-0462202
Property summary
AI-generated overview

This exceptional office building, situated at 518 Old Richton Rd. in Petal, MS, presents a compelling investment opportunity. Boasting over 3,000 square feet of versatile space, the property offers significant potential for customization to suit a variety of business needs. The functional layout includes at least five private offices, ideal for individual work or team collaboration. A large sunroom/conference room provides a bright and welcoming space for meetings or client interactions. A full kitchen adds convenience for staff and visitors, while two and a half bathrooms ensure ample facilities. The building's exterior features are equally impressive. Ample parking is available at the front entrance, providing easy access for employees and clients. Covered rear parking offers additional protection from the elements, and convenient outdoor storage areas are also included. A delightful back deck provides an ideal setting for informal gatherings or company events. This property's prime location, just off Evelyn Gandy Parkway and minutes from downtown Petal, ensures excellent visibility and accessibility. The combination of spacious interior, convenient amenities, and desirable location makes this an exceptional opportunity for businesses seeking to expand or establish a strong presence in the Petal area. The asking price is $445,000. All information should be verified by the buyer.

Property profile
Verified
Property type Office Spaces
UPID US50-0462202
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jason Sylvester · 4 yrs held
Jason Sylvester
since 2022
2 recorded transactions
2022
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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