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    1 Highway 82 Indianola, MS 38751

    For Sale
    $325,000

    High-traffic location, ready for development.

    Property size:
    230,868 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 5.3-acre commercial property in Indianola, Mississippi, presents a remarkable investment opportunity. Located just off Highway 82 East, this expansive lot boasts over 100 feet of prime road frontage, ensuring exceptional visibility and accessibility. With over 8,200 vehicles passing daily, its proximity to the Love's Truck Stop guarantees substantial traffic exposure. The property features a pre-built pad, streamlining the development process and allowing for immediate construction. Zoned C-3 (Highway Commercial District), this versatile site is ideal for a wide range of commercial ventures, including retail establishments, restaurants, or a small distribution center. The level topography simplifies development, and all essential public utilities—water, sewer, electricity, natural gas, telephone, and internet—are readily available. Situated in FEMA Zone X, the property is outside of designated flood hazard areas, offering reduced flood risk due to a nearby levee. The 230,868 square foot lot offers significant potential for a large-scale commercial development or can be subdivided into individual lots, maximizing investment returns. This prime location and versatile zoning make this property an exceptional opportunity for commercial growth in a thriving area.

    Property Features for 1 Highway 82

    General Information

    Property type
    Other commercial real estate
    Square Feet
    230,868 SF
    Lot Size
    230,868 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Sunflower
    State
    Mississippi
    Longitude
    -90.65133
    Latitude
    33.45811

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, ready for development.
    Where is this commercial real estate located?
    The property is located at 1 Highway 82 Indianola, MS.
    What is the asking price?
    The asking price for this property is $325,000.
    (769) 888-2522
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    1 Highway 82 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
    1 Highway 82 Indianola, MS 38751
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