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    10200 Highway 491 Collinsville, MS 39325

    Under Contract
    For Sale
    $350,000

    Commercial - Collinsville, MS

    Lot size:
    8.00 Acres
    Days on Market:
    93
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 10200 Highway 491

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    14200-36-012.001
    Exterior features
    Parking
    Lot size
    8.00 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Hot Water (Heating)
    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    Stinson Realty (601) 562-5794 [email protected]

    Listing agent Gordon Adkins (601) 562-5794 License #S-60912

    Listing date Sep 5, 2025

    MLS# 25-244 Listing URL

    Copyright © 2025 East Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Collinsville Multifamily Investment Opportunity

    This four-unit apartment complex is located off Highway 19 South on Highway 491. Each unit features 2 beds and 1 bath. The property includes a utility room where tenants can access a washer and dryer. The complex is currently at full occupancy, with each unit generating a gross income of $1,000 per month. The owner pays for utilities, which average between $90 and $125 per unit monthly. The property is situated on a lot with a size of 8 acres in Collinsville, MS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.930235
    Latitude
    32.579583

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment complex near Highway 19 South, fully occupied.
    Where is this quadplex located?
    The property is located at 10200 Highway 491 Collinsville, MS.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Fully occupied 4-unit apartment complex; - Each unit grosses $1,000 per month; - Each unit has 2 beds and 1 bath
    (601) 562-5794
    Request Owner's contact information
    10200 Highway 491 Collinsville, MS 39325
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    Collinsville, MS 39325
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10200 Highway 491 Collinsville, MS 39325
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