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Commercial Land with Existing Buildings
For Sale
$1,100,000

103/105 McGill, New Albany, MS 38652

Commercial Sale, New Albany, MS

Property Size22,181 SF
Lot Size1.39 Acres
Price / SF$49.59
Days on Market459

Property Features for 103/105 McGill

General Information

Property type Commercial Sale
Property subtype Other
Directions From Downtown New Albany, turn onto Railroad Ave (across from Tanglefoot Trail Head), continue over railroad tracks, property on the left on the corrner of McGill St and Railroad Ave.
Subdivision Union County
Standard status Active
Size 22,181 SF
Lot size 1.39 Acres

Taxes and HOA fees

Tax Description book 215 page 378 ** See attached documents
Tax Annual Amount 4444
Legal Description book 215 page 378 ** See attached documents

Building Details

Year built 1910
Floors in Building 1
Building materials Brick
Listing Agency: Rachel Ray Real Estate LLC
Listed By: Rachel Ray · License #22747
Added: Jun 26, 2025 Changed: Sep 5 Last Checked: Sep 27 at 7:06PM
MLS# 25-2267

Copyright © 2026 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering encompasses 1.39 acres and 22,181 square feet in New Albany. The property includes multiple existing buildings constructed with brick, along with a vacant lot that may support additional parking or future development as described in the property information.

The site is positioned in the heart of New Albany, within walking distance of downtown restaurants and shopping. The address includes 103/105 McGill, New Albany, MS 38652, and the buildings date to 1910.

Key Highlights

  • 1.39‑acre commercial property
  • 22,181 square feet
  • Multiple existing brick buildings

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Parking Lot & Garage Real Estate Agency Garden Center Plumbing Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby

Demographics for 38652, MS

16,657
Population
6,977
Households
2.4
Avg Household Size
40
Median Age
19%
College-Educated
80%
High-School Grad
154.4 sq mi
ZIP Area
108
Density / Sq Mi
$54,321
Median Household Income
$36,359
Median Earnings
$918
Median Rent
$162,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial property combines a vacant lot with multiple brick buildings near downtown eateries and shopping.
Where is this commercial land located?
The property is located at 103/105 McGill New Albany, MS.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1.39‑acre commercial property; 22,181 square feet; Multiple existing brick buildings
More about this property
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