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    Property profile & analytics

    870 Masonite Dr Laurel, MS 39440

    • Investment properties
    • 2,000 SF
    • 0.34 lot acres
    For Sale
    View listing
    $75,000
    Value Estimation
    Location Intelligence
    Property ID
    US50-0555549
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 870 Masonite Dr

    Lot size
    0.34 lot acres
    Property size
    2,000 SF
    Property type
    Investment properties

    Description

    Versatile building, large lot, R-2 zoning.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Jones
    State
    Mississippi
    Longitude
    -89.12895
    Latitude
    31.68274

    Comparable in this City

    • $259,000
      2,260 SF

      Prime Laurel Medical Building

      High-traffic location, versatile space.
      136 15Th Ave, Laurel, MS 39440
      View Details
    • $77,760
      1,380 SF

      Laurel Business Opportunity: Two Lots, Building Included

      Prime Laurel location, 1380 sq ft building, 0.22 acres
      128132 13Th Ave, Laurel, MS 39440
      View Details
    • $85,000
      5,520 SF

      412 Central Ave, Laurel, MS 39440

      Investment properties • 5,520 SF
      412 Central Ave, Laurel, MS 39440
      View Details
    • $599,000
      17,773 SF

      Prime Laurel Commercial Building

      17,773 SF, .73 Acres, High Visibility
      115 12Th Ave, Laurel, MS 39440
      View Details
    • $89,000
      1,141 SF

      Laurel Commercial Building - Prime Location

      Remodeled Commercial Space, Endless Potential
      1321 4Th St, Laurel, MS 39440
      View Details
    • $549,000
      4,180 SF

      Laurel Business Center - High Traffic!

      Multi-use building, high traffic area, ample parking.
      1010 16Th Ave, Laurel, MS 39440
      View Details

    Similar Nearby for Sale

    • $259,000
      2,260 SF

      Prime Laurel Medical Building

      High-traffic location, versatile space.
      136 15Th Ave, Laurel, MS 39440
      View Details
    • $77,760
      1,380 SF

      Laurel Business Opportunity: Two Lots, Building Included

      Prime Laurel location, 1380 sq ft building, 0.22 acres
      128132 13Th Ave, Laurel, MS 39440
      View Details
    • $85,000
      5,520 SF

      412 Central Ave, Laurel, MS 39440

      Investment properties • 5,520 SF
      412 Central Ave, Laurel, MS 39440
      View Details
    • $599,000
      17,773 SF

      Prime Laurel Commercial Building

      17,773 SF, .73 Acres, High Visibility
      115 12Th Ave, Laurel, MS 39440
      View Details
    • $89,000
      1,141 SF

      Laurel Commercial Building - Prime Location

      Remodeled Commercial Space, Endless Potential
      1321 4Th St, Laurel, MS 39440
      View Details
    • $549,000
      4,180 SF

      Laurel Business Center - High Traffic!

      Multi-use building, high traffic area, ample parking.
      1010 16Th Ave, Laurel, MS 39440
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,766 SF

      Retail Space in Pinetree Village

      End-cap retail space in active shopping center.
      2205 Highway 15 N, Laurel, MS 39440
      View Details
    • $2,880 /Mo
      12,900 SF

      Laurel Flex Space with Storage

      Flex space featuring warehouse and covered storage in Laurel, MS.
      20 Service Blvd, Laurel, MS 39440
      View Details
    • $10 SF/Yr
      1,164 SF

      Retail Space in Laurel, MS

      Retail space available for lease in Laurel, Mississippi.
      1500 N 5Th Ave, Laurel, MS 39440
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Prime Location

      2,000 SF retail space in a thriving commercial corridor.
      3236 Audubon Dr, Laurel, MS 39440
      View Details
    • Contact for pricing
      2,500 SF

      Move-in Ready Retail Space

      2,500 SF retail space with flexible layout in Laurel.
      3110 Audubon Dr, Laurel, MS 39440
      View Details
    • $9 SF/Yr
      9,000 SF

      9,000 SF Retail/Warehouse Space

      Retail and warehouse space available for lease.
      2031 Highway 15 N, Laurel, MS 39440
      View Details
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    870 Masonite Dr
    Laurel, MS 39440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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