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    Highway 302 Byhalia, MS 38611

    For Sale
    $895,000

    Prime MS location, high traffic, retail potential.

    Property size:
    291,852 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 6.7-acre commercial property, located at 0 Hwy 302 in Byhalia, Mississippi, presents a compelling investment opportunity. Boasting an impressive 291,852 square feet, the site enjoys a highly visible corner location at the intersection of Highways 309 and 302, ensuring maximum exposure for any commercial venture. Its strategic positioning offers unparalleled access and visibility, making it ideal for retail development or commercial land investment. The property benefits from the attractive tax rates offered in Marshall County, Mississippi, while capitalizing on the area's significant growth potential and proximity to the dynamic Memphis market. This is a rare chance to acquire a substantial land parcel in a thriving commercial area, providing excellent potential for significant return on investment. The property's size and location make it suitable for a variety of commercial uses, offering flexibility for developers and investors alike. Convenient access to major highways further enhances its appeal and accessibility. Don't miss this opportunity to secure a valuable asset in a rapidly developing region. The asking price is $895,000.

    Property Features for Highway 302

    General Information

    Property type
    Other commercial real estate
    Square Feet
    291,852 SF
    Lot Size
    291,852 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Byhalia
    County
    Marshall
    State
    Mississippi
    Longitude
    -89.64642
    Latitude
    34.96272

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Prime MS location, high traffic, retail potential.
    Where is this commercial real estate located?
    The property is located at Highway 302 Byhalia, MS.
    What is the asking price?
    The asking price for this property is $895,000.
    (662) 892-4000
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    Highway 302 Byhalia, MS 38611
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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
    Highway 302 Byhalia, MS 38611
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