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Suites at Central Ave 531 Central Ave 6,683 SF 85% Leased Flex Building Laurel, MS 39440 $999,999 ($149.63/SF) 7.30% Cap Rate
Investment Highlights
- Heavily trafficked Downtown Laurel Area
- 8% Stabilized Cap Rate
- 5 Occupied Commercial Spaces + 2 STR Suites
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2026) 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 - 2026) 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
| Price | $999,999 | Property Type | Flex |
| Price Per SF | $149.63 | Rentable Building Area | 6,683 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.30% | Year Built/Renovated | 1920/2026 |
| Price | $999,999 |
| Price Per SF | $149.63 |
| Sale Type | Investment |
| Cap Rate | 7.30% |
| Property Type | Flex |
| Rentable Building Area | 6,683 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1920/2026 |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
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Suites at Central Ave | 531 Central Ave