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    125 Bill Hancock Rd Coldwater, MS 38618

    For Sale
    $649,000

    Highway 305 Automotive Shop - 3200 sq ft

    Property size:
    3,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 125 Bill Hancock Road in Coldwater, Mississippi, presents a unique investment opportunity. The 3,200 square foot building sits on a spacious 1.77-acre lot and is ideally situated on Highway 305, ensuring high visibility and accessibility. Currently configured as an automotive shop, the property boasts seven overhead doors and one dock-high door, providing ample space for vehicle access and storage. The building's layout is well-suited for a variety of commercial uses, offering significant potential for expansion or diversification. The property's ample land provides room for additional buildings or outdoor storage, making it an attractive option for businesses requiring significant space. The strategic location offers excellent potential for growth and profitability. The property is partially tenant-occupied, presenting an immediate income stream and the opportunity to increase occupancy. This versatile property is available for sale at $649,000 and offers a compelling combination of location, size, and functionality. Serious inquiries are encouraged to explore this promising investment opportunity. The property's current configuration and ample space make it suitable for a range of commercial ventures. Don't miss this chance to acquire a prime commercial property in a thriving location.

    Property Features for 125 Bill Hancock Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,200 SF
    Lot Size
    77,101 SF

    Building Details

    Year Built
    1997
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Hair Salon Department Store Food Market Storage Facility Garden Center Cafe & Coffee Shop Veterinary Clinic Smoke and Vape Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Coldwater
    County
    Tate
    State
    Mississippi
    Longitude
    -89.81103
    Latitude
    34.70652

    Nearby Comparable

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      Coldwater Gas Station & Rentals

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      9670 Ms-306, Coldwater, MS 38618
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    • $360,000
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      Commercial Land Near High School

      Commercial land for sale near Independence High School in Coldwater.
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    • $330,000
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      22 Acres Open Land, Coldwater

      22 acres of open land near Coldwater, Mississippi.
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    Nearby Similar for Sale

    • $1,800,000
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      Coldwater Gas Station & Rentals

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    FAQs

    What type of property is this?
    Commercial real estate - Highway 305 Automotive Shop - 3200 sq ft
    Where is this commercial real estate located?
    The property is located at 125 Bill Hancock Rd Coldwater, MS.
    What is the asking price?
    The asking price for this property is $649,000.
    (662) 562-4663
    Request Owner's contact information
    125 Bill Hancock Rd Coldwater, MS 38618
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    Coldwater, MS 38618
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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
    125 Bill Hancock Rd Coldwater, MS 38618
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