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    1918 2Nd St Booneville, MS 38829

    For Sale
    $350,000

    Two buildings, ample land, diverse uses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional commercial property in Booneville, Mississippi, presents a significant investment opportunity. The offering encompasses a substantial 4.94-acre lot, providing ample space for a variety of commercial ventures. The property features two existing buildings: a larger structure exceeding 9,000 square feet and a second building of approximately 2,000 square feet. The versatile nature of these buildings makes them suitable for a wide range of uses, including but not limited to: manufacturing/factory space, daycare center, animal clinic, private school, or restaurant. The expansive acreage offers significant potential for expansion or additional development, catering to the needs of a growing business. The property's strategic location within Booneville ensures excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. While the provided information is believed to be accurate, potential buyers are encouraged to conduct their own due diligence to verify all details. This is a rare opportunity to acquire a substantial commercial property with significant development potential in a thriving Mississippi community. The asking price is $350,000.

    Property Features for 1918 2Nd St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    215,186 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Booneville
    County
    Prentiss
    State
    Mississippi
    Longitude
    -88.55933
    Latitude
    34.69098

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    FAQs

    What type of property is this?
    Commercial real estate - Two buildings, ample land, diverse uses.
    Where is this commercial real estate located?
    The property is located at 1918 2Nd St Booneville, MS.
    What is the asking price?
    The asking price for this property is $350,000.
    (662) 680-9355
    Request Owner's contact information
    1918 2Nd St Booneville, MS 38829
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    Booneville, MS 38829
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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
    1918 2Nd St Booneville, MS 38829
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