3341 Hwy 49 S
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3341 Hwy 49 S
4,800 SF 100% Leased Office Building Florence, MS 39073 $325,000 ($68/SF) 12.92% Cap Rate
Executive Summary
FEMA map shows part of the building in a flood zone Elevation report has been done, showing that building is not in flood zone. Wow! Commercial building available on Hwy 49 S Florence! Building has 3 rentable spaces 1-space that currently has a tenant paying $1,500 a month. Second space is available and would rent for approximately $1,800 a month.There is a third space that a new owner could rent out for approximately $500 or more per month could be an office or storage space. Investors looking for passive income or a place for their business check this out. Location, Location, Location!
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,800 SF
Building Class
B
Year Built
1998
Price
$325,000
Price Per SF
$68
Cap Rate
12.92%
NOI
$42,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,800 SF
Building FAR
0.20
Lot Size
0.54 AC
Zoning
C1 - Commercial
Parking
12 Spaces (2.5 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | E04-000005-00030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $34,992 |
PROPERTY TAXES
Parcel Number
E04-000005-00030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$34,992
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3341 Hwy 49 S
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