1112 Moore St Columbia, MS 39429
This exceptional commercial property at 1112 Moore St., Columbia, MS, presents a unique investment opportunity. Priced at $99,000, the property boasts a substantial commercial building featuring a dedicated office area, two well-appointed bathrooms, and two expansive bays or service areas ideally suited for a variety of uses. The high ceilings are particularly advantageous for businesses such as auto body shops, mechanic garages, or welding operations. Adding to the property's potential, two existing homes are also situated on the lot, although they are in need of significant repair. These homes could be renovated, repurposed, or removed to create additional parking or expand the commercial space. The property's existing parking area offers ample space, with the potential for significant expansion should the homes be demolished. The roof has been recently replaced, providing peace of mind. The property is being sold "as-is," and it is the responsibility of the buyer to verify all utility providers, the functionality of the HVAC system, and the electrical infrastructure. No disclosures or warranties are provided. This property offers a rare blend of commercial and residential elements, presenting a compelling opportunity for an investor or entrepreneur seeking a versatile and expansive space in a convenient location. The property's size, in terms of square footage and lot acreage, is not specified and will need to be verified independently.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.