407 Pinola Drive, Magee, MS 39111
New Listing
$254,900
Property Type:
Commercial Sale
Square Footage:
1,845
Lot Size (sq. ft.):
8,276
Status:
Active
Current Price:
$254,900
List Date:
7/31/2026
Last Modified:
7/31/2026
Listing Details MLS# 4157639
General Property Information
- Approx Lot Size Acres
- 0.19
- Lot Size Dimensions
- 54x150x44x60x84
- Approx H/C SqFt
- 1845
- SqFt Source
- Public Records
- List Price/SqFt
- 138.16
- Year Built Known
- Yes
- Year Built
- 1988
- Year Built Source
- Public Records
- Total Floors
- Yes
- School District
- Simpson CO Dist
- Accessibility Features
- No
- Property Sub Type
- Business
- New Construction
- No
Property Features
Business Type:
Professional/Office
Current Use:
Commercial; Office
Possible Use:
Commercial
Levels:
One
Listing Terms:
Cash; Conventional; SBA
Address and Location Information
- Street Number
- 407
- Street Name
- Pinola
- Street Suffix
- Drive
- County
- Simpson
- State
- MS
- Zip Code
- 39111
- Parcel Number
- 4-183z-00-02500-004-02100
- PPIN
- 015406
- Community Of
- N/A
Listing Information
- Property Sub Type
- Business
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 1771
- Tax Year
- 2025
- Flood Insurance Required?
- No
- Leasehold Y/N
- No
- Legal Description
- LOT PT NW1/4 NW1/4 SE1/4 UNPLATTED LAND 5-10-17 DB 798-225 86 DB 1003-635 97
Auction
- Auction
- No
More Information
Showing Requirements
- Showing
- Appointment Required
Basement Features
- Basement
- No
Remarks & Miscellaneous
- Public Remarks
- 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.
Current Use
- Commercial
- Yes
- Office
- Yes
Possible Use
- Commercial
- Yes
Business Type
- Professional/Office
- Yes
Levels
- One
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- SBA
- Yes
Listing Office:
E Speed Realty
Listing Agent:
Kimberly D Walker
Last Updated: July - 31 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.