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    10150 Crk 200 Falkner, MS 38629

    For Sale
    $375,500

    Downtown Falkner: Multi-use brick building.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, located at 10150 CR 200 in downtown Falkner, Mississippi, presents a unique investment opportunity. The 27-room brick building boasts a versatile layout suitable for a variety of uses. Completely updated in 2012, the property includes ample parking. A key feature is the inclusion of existing living quarters, providing convenient on-site accommodation or potential for additional rental income. Furthermore, an income-producing retail store is currently operational within the building. The property's adaptability extends to medical applications, as it's equipped with exam rooms and a lab, making it ideal for a medical office or clinic. Medical equipment is available for separate purchase. The property sits on a 0.24-acre lot, offering significant space and potential for expansion or outdoor amenities. Priced at $375,500, this property offers a strong return on investment potential due to its diverse income streams and prime downtown location. The building's solid construction and recent updates ensure long-term value and minimal maintenance needs. This is a rare opportunity to acquire a well-maintained, multi-functional commercial property in a thriving Mississippi town. Serious inquiries are encouraged.

    Property Features for 10150 Crk 200

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,454 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Falkner
    County
    Tippah
    State
    Mississippi
    Longitude
    -88.93436
    Latitude
    34.84208

    Nearby Comparable

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    Nearby Similar for Sale

    • $375,500
      5,572 SF

      Mixed-Use Commercial Building in Falkner

      Mixed-use commercial property with living quarters and income-producing store.
      10150 Crk 200, Falkner, MS 38629
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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Falkner: Multi-use brick building.
    Where is this commercial real estate located?
    The property is located at 10150 Crk 200 Falkner, MS.
    What is the asking price?
    The asking price for this property is $375,500.
    (662) 534-5025
    Request Owner's contact information
    10150 Crk 200 Falkner, MS 38629
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    Falkner, MS 38629
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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
    10150 Crk 200 Falkner, MS 38629
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