3016 Highway 80 - Medical FOR SALE


Morton, MS 39117
$335,000 USD
228-224-4777
3016 Highway 80, Morton, MS for Sale
$335,000 USD
Medical - FOR SALE
1/7
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3016 Highway 80
Morton, MS 39117


HIGHLIGHTS

  • Fully renovated medical office
  • Rare, perpetual Rural Health Clinic (RHC) Certification
  • Substantially higher reimbursement rates than conventional clinics
  • Located in FEMA Flood Zone X indicating minimal flood risk

OVERVIEW

The property located at 3016 Highway 80, Morton, MS 39117, in Scott County, was constructed in 1995 as a church and has recently been renovated into a first-class medical office. The fully renovated medical office features seven exam rooms, a nurses' station, a waiting room, a reception area, a triage room, and a kitchen and breakroom for staff. This rural medical office carries a Rural Health Clinic Certification. The Rural Health Clinic Certification adds significant investment value because it is perpetual, address-specific, and cannot be transferred to another location. This designation was obtained after Hurricane Katrina, when census data reflected a sharp decline in population and a shortage of healthcare professionals; those conditions have since changed, and similar certifications are not expected to be granted again along the Mississippi Gulf Coast. The certification allows for reimbursement rates that are a substantially higher return than those of a conventional non-RHC clinic, strengthening the property's appeal to healthcare companies nationwide and supporting the potential for premium lease rates. The property is located in FEMA Flood Zone X, indicating minimal flood risk.

FOR SALE DETAILS

PRICE

$335,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,283 SF

ZONING

-

APN/PARCEL ID

4065000300000212

ASK ABOUT THIS PROPERTY

Victoria Salloum ChambersSoutheast Commercial Real EstateMore Info
228-224-4777

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Victoria Salloum ChambersSoutheast Commercial Real EstateMore Info
228-224-4777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.