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Key Facts

2Baths

2,700Sq Ft

1976Year Built

0.53Lot (acres)

1Stories

$299,000

Active18 days on marketListed March 12, 2026

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Description

Income-producing commercial property located on Hwy 15 North in Laurel. This investment opportunity features two buildings on one parcel, both fully occupied with long-term tenants and generating approximately $3,000 per month in total income, including rent from an on-site billboard. Tenants include a tire shop and a pest control office. Each building includes its own restroom and functional commercial space. Zoned C-3 with strong highway frontage providing excellent visibility and accessibility. Low-maintenance property with established tenants already in place, making this a solid turn-key investment opportunity.

Property Information

Property Type

Commercial Sale

Sub-Type

Mixed Use

Year Built

1976

Stories

Living Area

2,700 sq ft

Lot Size

0.53 acres

Days on Market

MLS® Listing#

4142136

Property Features

Flooring

Concrete

Lot Features

Corner Lot

Construction

Brick Veneer

Roof

Metal

Utilities

Cable AvailableElectricity ConnectedNatural Gas AvailablePhone AvailableWater Connected

Water Source

Public

Financial Details

Annual Taxes

$5,785

Tax year 2025

Parcel Number

147n-24-00-012.00

Directions

Property is located on Hwy 15 North in Laurel, just north of the I-59 interchange, on the right side of the road.

Affordability Calculator

Home Price

Down Payment

$59,800

Interest Rate (%)

Loan Term

Estimated monthly payment

$1,591/mo

Principal $239,200 · Est. interest $333,705 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Laurel, MS

$259,375
Median Listing Price: 59
Median Days on Market: 2,325
Median Sq Ft: $127
Median Price / Sq Ft: 75
Active Listings

This home’s price is 15% above the area median.
Its price per sq ft is 13% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Laurel, MS.

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
1112 Crescent Hill Dr., Laurel, MS	$210,000	2	3	—
1316 N 5th Avenue, Laurel, MS	$212,500	4	2	1,704
1316 N 5th Ave., Laurel, MS	$212,500	4	2	—
122 Shamrock Dr., Laurel, MS	$216,900	2	2	1,325
506 Chantilly, Laurel, MS	$219,000	—	2	—
1242 W 18th Street, Laurel, MS	$219,000	3	2	1,890

Moving Cost Estimate

Listing Courtesy: B & Co. Realty, LLC - 6015005490

Presented by: Bruna Bezerra

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