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1399 E Reed Rd 2,525 SF Office Building Greenville, MS 38703 $241,040 ($95.46/SF) 8.75% Cap Rate

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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
$95.46
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)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
495530000
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$21,805 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
  • Listing ID: 28530813

  • Date on Market: 5/19/2023

  • Last Updated:

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

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