Property summary
This exceptional .60-acre commercial lot presents a unique investment opportunity in Carthage, Mississippi. Boasting a highly desirable C-3 (Highway Commercial) zoning designation, this property sits on four-lane Highway 16, a location boasting an impressive 14,000 vehicles per day according to MDOT traffic counts – the highest in Leake County. Its strategic placement directly across from Leake Central Elementary School ensures consistent high visibility and foot traffic. The property benefits from its proximity to numerous national retail chains, including Walmart, and popular restaurants such as Wendy's and McDonald's, guaranteeing a strong customer base. Further enhancing its appeal, a large convenience store is currently under construction directly adjacent to the lot, creating a synergistic retail environment. This prime location offers unparalleled exposure for a variety of commercial ventures, making it an ideal site for businesses seeking maximum visibility and accessibility. The property is priced at $220,000 and presents a compelling opportunity for significant return on investment. Contact us today to learn more about this exceptional commercial property.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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