111 Victory Drive

Retail-Commercial for Sale
Catylist Listing ID: 30164612
Property Subtypes: Day Care Facility, Free-Standing Building, Other
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $1,100,000
Unit Price: $110 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/8/2018

Overview / Comments

The property was built in 2005, as a free-standing child care facility and contains approximately 10,000 square feet of gross building area. The building sits on approximately 1 acre site which has two playground areas. The property is zoned commercial by the City of Richland. Parking for the building consists of surface parking and contains adequate parking spaces for a daycare facility. The exterior construction is brick with a standing seam metal roof and features a porte cochere for parents to drive thru or park to let their kids out when it' s raining.
The building is uniquely designed and built as an operational daycare facility currently licensed for up to 165 children. Day Care Business can be purchased for an additional $300,000.

There are some other uses which could utilize the building' s layout with little modification. These uses are below:
" Medical Office (Specifically Dialysis Clinics)
" Physical Therapy
" Adult Daycare (or similar)
" Insurance Claims Office
" Church or Place of Worship

Additional Details

Nearest MSA: Jackson
County: Rankin
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2005

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,862 15,036 55,451
Median Age: 32.89 34.39 32.6
Households: 1,898 5,600 18,416


Photograph of Listing Agent

Brian Estes

The Estes Group, Inc. Ridgeland, MS 39157
LACDB Member
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