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Excellent value-add potential with price well-justified at 10% cap rate and current market rents. Large warehouse is 17,000 square feet and owner occupied. Second commercial building is 2,000 square feet. Third commercial building is 1,000 square feet with a roughly 200 square foot detached office. A fourth lot has utilities and is ready for another commercial building. The property also features three income-producing billboards. With the Tillery subdivision nearby, the large warehouse would make an excellent candidate for development into storage units or sport vehicle storage.
DAYS ON MARKET | 71 | LAST UPDATED | 3/3/2025 |
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TRACT | None | YEAR BUILT | 0 |
COMMUNITY | Laurel | COUNTY | Jones |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AREA | Laurel |
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CONSTRUCTION | See Remarks |
LOT DIMENSIONS | 12.69 acres mol |
SUBDIVISION | None |
TAXES | 5300 |
ZONING | None |
SATELLITE VIEW |
CONTACT US ABOUT 235 SHILOH CHURCH RD.
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Listing provided by John Dew, Magnolia Real Estate
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This IDX solution is (c) Diverse Solutions 2025.
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