Corporate Surplus - Centrally Located, Flexible Layout Laurel, MS

Property Location MAP

1021 Rogers Street
AKA 205 11th Ave N
Laurel, MS 39440

Property #: KEY5163

Contact Agent

T. Wyatt Mast
Tranzon Atlas

731-610-2256 wmast@tranzon.com
Note: Online bidding will close on Tuesday, February 10 at 3:00pm ET (2:00pm CT)
 
This high-visibility commercial property at 205 11th Ave. N in Laurel, Mississippi features approximately 15,854 square feet of versatile interior space, including substantial warehouse area ideal for storage, light distribution, or service operations. The efficient layout can be configured for reception, offices, open work areas, and back-of-house warehouse functions, giving businesses the flexibility to adapt as they grow. Ample on-site parking, strong signage visibility along the well-traveled corridor, and easy access to major local thoroughfares make this an attractive opportunity for both investors and owner-users ready to bring their vision to a highly functional commercial and warehouse site.
  • 1.6136 acre site
  • High-visibility commercial site on a well-traveled corridor, offering strong daily traffic exposure for customer-driven businesses.
  • Generous interior square footage (15,854 +/-) providing flexible space planning for offices, retail, or service operations.
  • Zoned commercial, allowing a range of commercial and professional uses to support diverse business models.
  • Ample on-site customer and employee parking to support peak business hours and comfortable access.
  • Strong signage opportunities along the frontage to maximize brand visibility and drive-by recognition.
  • Efficient floor plan that can be configured for reception, private offices, open work areas, and storage as needed.
  • Proximity to complementary businesses that help generate cross-traffic and shared customer bases.
  • Easy access to major local thoroughfares, improving logistics for clients, staff, and deliveries.
  • Stable commercial setting suited for long-term occupancy, business expansion, and future build-out flexibility.
  • Attractive opportunity for both investors and owner-users seeking an income-producing or equity-building commercial asset.
 
Don’t Miss this Opportunity to Bid Your Price on a Property Ready for Your Vision and Development!
 
Parcel ID#: 119B-06-10-017.01
2025 Tax Assessment: $296,350
2025 Annual Taxes: $7826.39
 
Note to Buyers: Closing will be handled by Fidelity National Title’s National Commercial Services Division in Phoenix, AZ with Seller paying for Buyer’s title insurance. Closings are normally done remotely.
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

Tranzon Asset Advisors, Tim Mast, MS Broker and Auctioneer #1087

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact T. Wyatt Mast

T. Wyatt Mast: Tranzon Atlas

731-610-2256 wmast@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: Closing to take place on or before March 23, 2026, sold in As-Is condition, no contingencies.
  • Deposit Amount: Online registration requires $9,900 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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