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    1 Parker Dr Ave Booneville, MS 38829

    For Sale
    $399,000

    Prime Booneville location, high visibility, near Walmart.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional commercial property presents a unique investment opportunity in Booneville, Mississippi. Situated on a one-acre lot, this property boasts unparalleled visibility and high traffic counts due to its strategic location near Walmart, Burger King, and directly across from a Murphy Oil gas station. The property's versatile nature allows for a multitude of commercial uses, including restaurants, retail stores, or office spaces. Its prime location ensures significant foot traffic and easy accessibility for potential customers. This lot is part of a larger 13-acre tract available for purchase, offering flexibility for expansion or the acquisition of additional land. The entire 13-acre tract is priced at $2,000,000, while individual lots within the tract are available at a price of $10.00 per square foot. This presents a compelling opportunity for businesses seeking a high-traffic location with excellent visibility in a thriving commercial area. The property's proximity to major retailers and high-traffic thoroughfares guarantees significant exposure and potential for substantial returns. Don't miss this chance to secure a prime commercial location in a rapidly growing market. The property is located at 1 PARKER DR Ave, Booneville, MS and is listed at $399,000. Contact us today to learn more about this exciting opportunity.

    Property Features for 1 Parker Dr Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    2000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Booneville
    County
    Other
    State
    Mississippi
    Longitude
    -88.55371
    Latitude
    34.68014

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Booneville location, high visibility, near Walmart.
    Where is this commercial real estate located?
    The property is located at 1 Parker Dr Ave Booneville, MS.
    What is the asking price?
    The asking price for this property is $399,000.
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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 Parker Dr Ave Booneville, MS 38829
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