$254,900
( $138.16Per Sq Foot )
 $1,368 est/mo Sourced by Back At You

407 Pinola Drive,Magee, MS 39111

Magee, MS 39111

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Description

Exceptional investment opportunity featuring a fully leased, income-producing commercial property occupied by a nationally recognized tenant ... H&R Block. This well-maintained 1,845± square foot commercial building offers immediate cash flow with an established lease in place through April 30, 2028, providing stability and peace of mind for investors seeking dependable income.Strategically positioned along one of Magee's busiest commercial corridors, the property enjoys outstanding visibility, strong daily traffic counts, and excellent accessibility. The attractive, low-maintenance exterior and ample paved parking further enhance its long-term appeal while helping keep ownership expenses low.What truly sets this property apart is its future income potential. Based on current commercial leasing activity in the area, the existing lease appears to be below prevailing market rental rates. While future rental rates cannot be guaranteed, a new owner may have the opportunity to increase rental income upon lease renewal or by leasing the property at then-current market rates after the existing lease expires, creating attractive upside for long-term investors.Whether you're expanding your investment portfolio or completing a 1031 exchange, this property offers the rare combination of immediate income, a nationally recognized credit tenant, prime location, low-maintenance ownership, and compelling long-term appreciation potential. Opportunities like this are increasingly difficult to find ... schedule your private showing today.

Details

MLS #4157639
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1988
Days On Site50
Listing Provided ByE Speed Realty | Kimberly D Walker

Features

SQ Feet1,845
Story(s)1
Acreage0.19

Taxes

Property1771

Area Information

StateMS
CountySimpson
CityMagee
Zip Code39111
AreaSimpson
Listing VS Median (in 39111)
Price:
$254,900
low | high
Med:
$170,000
83.307179285995% of Average
sqft:
1,845
low | high
Med:
1,222
83.766937669377% of Average
$ / sqft:
$138
low | high
Med:
$139
49.305847612651% of Average
On site:
50
low | high
Med:
1059
4.721435316336% of Average
Sourced by Back At You

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Learn More About This Property

StateMS
CountySimpson
CityMagee
Zip Code39111
AreaSimpson
Listing VS Median (in 39111)
Price:
$254,900
low | high
Med:
$170,000
83.307179285995% of Average
sqft:
1,845
low | high
Med:
1,222
83.766937669377% of Average
$ / sqft:
$138
low | high
Med:
$139
49.305847612651% of Average
On site:
50
low | high
Med:
1059
4.721435316336% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $191K - $318K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
400 S Main Avenue Property Photo 1
$170,000
400 S Main Avenue
Magee, MS 39111
313 SE 5th Avenue Property Photo 1
$159,900
313 Se 5th Avenue
Magee, MS 39111
Listing Updated: September 16, 2026 at 8:38:16 PM PDT