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Commercial Land with Build-to-Suit
For Sale
$189,900

108 MS 15, New Albany, MS 38652

Commercial Sale, New Albany, MS

Property Size3,200 SF
Lot Size0.38 Acres
Price / SF$59.34
Days on Market103

Property Features for 108 MS 15

General Information

Property type Commercial Sale
Property subtype Other
Directions I22 to Hwy 15 N, building on right.
Subdivision Union County
Standard status Active
Size 3,200 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Description PT NE 1/4 B P 201502483 08/07/2015
Tax Annual Amount 2841
Legal Description PT NE 1/4 B P 201502483 08/07/2015

Building Details

Floors in Building 1
Listing Agency: Five Star Realty
Listed By: Frankie Prescott · License #18058
Added: May 21 Changed: Aug 19 Last Checked: Aug 31 at 9:06AM
MLS# 26-1828

Copyright © 2026 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.38-acre commercial land offering includes a potential 3,200-square-foot structure along with a 20' x 31' canopy or drive-through component. The proposed improvements could be configured for retail, restaurant, office, or service-oriented occupancy, subject to final design and development decisions.

The property is located at 108 MS 15 in New Albany, Mississippi, providing access from a state highway. The owner is willing to pursue a build-to-suit arrangement, allowing the eventual structure to be planned around the intended business operation. The site’s available configuration supports consideration of a building with an additional covered or drive-through feature.

Key Highlights

  • 0.38‑acre commercial land site at 108 MS 15, New Albany, MS 38652
  • Potential 3,200‑square‑foot structure
  • Additional 20' x 31' canopy or drive‑through

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Dining 16%
Dollar General Shops & Services
7,336 visits/mo 0.2 miles
Chevron Shops & Services
7,189 visits/mo 0.4 miles
SUBWAY Dining
2,739 visits/mo 0.1 miles

Demographics for 38652, MS

16,657
Population
6,977
Households
2.4
Avg Household Size
40
Median Age
19%
College-Educated
80%
High-School Grad
154.4 sq mi
ZIP Area
108
Density / Sq Mi
$54,321
Median Household Income
$36,359
Median Earnings
$918
Median Rent
$162,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Owner is willing to develop the site around a business’s space requirements.
Where is this commercial land located?
The property is located at 108 MS 15 New Albany, MS.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 0.38‑acre commercial land site at 108 MS 15, New Albany, MS 38652; Potential 3,200‑square‑foot structure; Additional 20' x 31' canopy or drive‑through
More about this property
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