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    747 Ms-245 Alt Okolona, MS 38860

    Sponsored
    For Sale
    $599,900

    18 Acres, 4 Buildings, High Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property presents a rare opportunity in Okolona, MS. Spanning approximately 18.9 acres, the site boasts excellent visibility and accessibility, situated directly off Old Highway 45. The property includes four buildings, offering significant versatility for a range of commercial uses. Two of these buildings are fully enclosed, providing substantial indoor space. A dedicated office space is also included, complete with heating and cooling systems, ideal for administrative functions or client meetings. The property's natural features add to its appeal, including a tranquil pond, enhancing the overall aesthetic and potentially offering additional development possibilities. Two convenient access points ensure easy ingress and egress, facilitating efficient operations and convenient access for customers and employees. The expansive acreage provides ample room for expansion, future development, or outdoor storage, making this a truly unique and versatile commercial offering with significant potential for growth and return on investment. The strategic location and diverse features make this property an attractive proposition for businesses seeking a prominent presence in Okolona. The combination of land, buildings, and convenient access makes this a compelling investment opportunity.

    Property Features for 747 Ms-245 Alt

    General Information

    Property type
    Other commercial real estate
    Lot Size
    823,284 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Okolona
    County
    Chickasaw
    State
    Mississippi
    Longitude
    -88.74522
    Latitude
    34.04469

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - 18 Acres, 4 Buildings, High Potential
    Where is this commercial real estate located?
    The property is located at 747 Ms-245 Alt Okolona, MS.
    What is the asking price?
    The asking price for this property is $599,900.
    (662) 620-2232
    Request Owner's contact information
    747 Ms-245 Alt Okolona, MS 38860
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    Okolona, MS 38860
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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
    747 Ms-245 Alt Okolona, MS 38860
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