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1399 E Reed Rd

2,525 SF Office Building Greenville, MS 38703 $241,040 ($95/SF) 8.75% Cap Rate

Medical Offices Mississippi Greenville 1399 E Reed Rd, Greenville, MS 38703

Investment Highlights

  • Great investment opportunity located at one of the best intersections in Greenville. Stable, long-term medical Tenant.

Executive Summary

Great investment opportunity located at one of the best intersections in Greenville. Stable, long-term medical Tenant.

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,525 SF
Building Class
B
Year Built
1987
Price
$241,040
Price Per SF
$95
Cap Rate
8.75%
NOI
$21,091
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,525 SF
Building FAR
0.14
Lot Size
0.40 AC
Parking
21 Spaces (8.32 Spaces per 1,000 SF Leased)
1 of 1

PROPERTY TAXES

Parcel Number 495530000 Total Assessment $20,587 (2024)
Land Assessment $0 (2024) Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $0 (2024) Tax Year 2022

PROPERTY TAXES

Parcel Number
495530000
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$20,587 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
(662) 820-2801

Contact

  • Ben Johnson
    Ben Johnson
  • Ben C. Johnson

  • Listing ID: 28530813

  • Date on Market: 5/19/2023

  • Last Updated:

  • Address: 1399 E Reed Rd, Greenville, MS 38703

More public record information on 1399 E Reed Rd, Greenville, MS 38703

The Office Property at 1399 E Reed Rd, Greenville, MS 38703 is currently available for sale. Contact Ben C. Johnson for more information.

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1399 E Reed Rd
(662) 820-2801 x

1399 E Reed Rd

Ben Johnson

(662) 820-2801

(662) 820-2801

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