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    6 Unit Lot#6 Magee, MS 39111

    For Sale
    $522,720

    High-traffic commercial lot, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 6 US Hwy 49 Unit Lot#6 in Magee, Mississippi, presents a significant investment opportunity. The property is zoned C3 and boasts a generous two-acre lot, providing ample space for development. The exact square footage is to be determined by a final survey, impacting the final sale price of $522,720. Situated on the highly visible and heavily trafficked US Highway 49, this lot offers unparalleled exposure to a large customer base. Its prime location within Magee makes it ideal for a variety of retail businesses seeking a strong presence in a growing community. All lot drawings are approximations and subject to the final survey. This is a rare opportunity to acquire a substantial commercial parcel in a desirable location with significant potential for growth and return on investment. The property's strategic positioning on a major highway ensures high visibility and accessibility, making it an attractive proposition for businesses seeking maximum exposure. Serious inquiries are encouraged to contact the listing agent for further details and to schedule a site visit. The final price will be determined by the total square footage as established by the survey.

    Property Features for 6 Unit Lot#6

    General Information

    Property type
    Retail properties
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1800
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Magee
    County
    Simpson
    State
    Mississippi
    Longitude
    -89.6806
    Latitude
    31.77968

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    FAQs

    What type of property is this?
    Retail property - High-traffic commercial lot, prime location.
    Where is this retail property located?
    The property is located at 6 Unit Lot#6 Magee, MS.
    What is the asking price?
    The asking price for this property is $522,720.
    (601) 849-3226
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    6 Unit Lot#6 Magee, MS 39111
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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
    6 Unit Lot#6 Magee, MS 39111
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