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    114 Main Street McComb, MS 39648

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    Claim this Listing
    For Lease
    $950 /Mo

    COMMERCIAL - McComb, MS

    Type:Retail
    Property size:
    1,000 SF
    Lot size:
    0.07 Acres
    Added:
    Mar 26, 2026
    Days on Market:
    16
    Last Refresh:
    Apr 10 at 5:06 am

    Property Features for 114 Main Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Window features
    Blinds
    Standard status
    Active
    APN
    550418
    Size
    1,000 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PT W END LOTS 1-2 SQ 38 W MCC OMB WEST MCCOMB SQS 1-51 & 53-64 B P 000245123 11/02/2012
    Tax Annual Amount
    4958

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1965
    Floors in Building
    1
    Flooring type
    Wood, Tile

    We can help!

    Listing Contact
    Tara Campbell

    Listing agent Tara Campbell License #S45150

    Listing office United Country - Southern States Realty 4124 Highway 24 W, McComb, MS

    Listing date Mar 26, 2026

    MLS# 4143752

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown McComb Commercial Space

    Located in the historic Wisteria Building in downtown McComb, Mississippi, this commercial space is situated steps from local restaurants and the Palace Theatre. The 1,000-square-foot property features an open floor plan with two separated rooms previously used as changing rooms, suitable for storage. An additional space can serve as a private office or extra storage. The property includes a bathroom and a small kitchenette. The space benefits from tall ceilings and an abundance of natural light, offering potential for a variety of uses, including retail or office ventures. The lot size is 0.07 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chy Hair Grow ... Cosmetic Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    McComb
    County
    Pike
    State
    Mississippi
    Longitude
    -90.451996
    Latitude
    31.244094

    Nearby Similar for Lease

    • Contact for pricing

      Downtown McComb Commercial Space

      Prime commercial space in downtown McComb with high visibility.
      103 N Broadway, McComb, MS 39648
      View Details
    • Contact for pricing

      Retail Space in McComb, MS

      Retail space available for lease in McComb, Mississippi.
      1617 Delaware Ave, McComb, MS
      View Details
    • Contact for pricing

      Retail Space in Southwest Mall

      Retail space available in McComb's Southwest Mall Shopping Center.
      1438 Delaware Ave, McComb, MS 39648
      View Details

    FAQs

    What type of property is this?
    Retail space - Historic building, open layout, ideal for retail or office.
    Where is this retail space located?
    The property is located at 114 Main Street McComb, MS.
    What is the lease rate?
    The lease rate is $950 /Mo.
    (601) 303-0072
    We can help!
    Listing Contact
    Tara Campbell
    Real Estate License ID: S45150
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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