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    421 Highway 82 W Indianola, MS 38751

    For Sale
    $165,000

    COMMERCIAL - Indianola, MS

    Property size:
    1,800 SF
    Lot size:
    0.22 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 421 Highway 82 W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    119m-31-00-104.00
    Size
    1,800 SF
    Lot size
    0.22 Acres

    Building Details

    Year built
    1950

    Tom Smith Land and Homes (601) 454-9397 [email protected]

    Listing agent Emerson Lovelace (662) 441-2500 License #S49193

    Listing date Oct 30, 2025

    Overview

    Indianola Retail Space For Sale

    This commercial property is located in Indianola, MS. It features 1,800 square feet of retail space with HVAC. The lot measures 100 feet by 96 feet, totaling 0.22 acres, and has 100 feet of frontage on Highway 82 West. Situated on a corner lot, the property includes an income-producing billboard. According to MSDOT, the daily traffic count is 19,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Sunflower
    State
    Mississippi
    Longitude
    -90.658155
    Latitude
    33.457715

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    FAQs

    What type of property is this?
    Retail space - Highway frontage retail space with income-producing billboard.
    Where is this retail space located?
    The property is located at 421 Highway 82 W Indianola, MS.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Highway 82 West Frontage: Enjoy **high visibility and accessibility**.; - Income-Producing Billboard: **Generates revenue** and enhances property value.; - High Traffic Count: Benefit from 19,000 MSDOT daily traffic count.
    (662) 441-2500
    Request Owner's contact information
    421 Highway 82 W Indianola, MS 38751
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    Indianola, MS 38751
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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
    421 Highway 82 W Indianola, MS 38751
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