Mixed-Use Building with Multipurpose
For Sale
$150,000
1090 County Road 833, Guntown, MS 38849
Commercial Sale, Guntown, MS
Property Size2,400 SF
Lot Size2.00 Acres
Price / SF$62.50
Days on Market142
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Property Features for 1090 County Road 833
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Mixed Use
Bathrooms
2
Half bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Accessibility
Accessible Approach with Ramp
Lot features
Rectangular Lot, Rectangular Lot
Standard status
Active
APN
025u-21-007-09
Size
2,400 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
PT SW1/4 BK 2011 PG 00956108/12/2011
Legal Description
PT SW1/4 BK 2011 PG 00956108/12/2011
Utilities
Utilities
Propane
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
office space
kitchen area
large main room
3 half bathrooms
new HVAC/air conditioning unit
Building Details
Floors in Building
1
Flooring type
Concrete, Carpet, Combination
Roof type
Metal
Listing Agency:
Coldwell Banker Collins-Maury Southaven · Coldwell Banker Real Estate
(662) 548-2000
Listed By:
Ashley B Cheairs · License #S-53548
(662) 266-0165
Added: May 27
Changed: Oct 8
Last Checked: Oct 15 at 3:06PM
MLS# 4151133
Copyright © 2026 MLS United. 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 2,400-square-foot mixed-use property has an office, kitchen area, and a large central room suited to several functions. Three half bathrooms serve the building, and an air conditioning unit was installed in 2020. Interior finishes include concrete and carpet flooring, with an accessible ramp approach.
The building sits on a 2-acre lot in Guntown, Mississippi. Public water and sewer serve the property; propane is listed among its utilities.
The building sits on a 2-acre lot in Guntown, Mississippi. Public water and sewer serve the property; propane is listed among its utilities.
Key Highlights
- 2,400‑square‑foot building on a 2‑acre lot
- Large multipurpose room, office space, and kitchen area
- Three half bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,262
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,240
$265.2K
Cap Rate 7%
$189,457
$189.5K
Cap Rate 9%
$147,356
$147.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$23.0K $9.60/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$21.2K $8.84/SF
− OpEx
−$8.0K −$3.32/SF
NOI
$13.3K $5.53/SF
Area
Lee County, MS
Vacancy
7.90%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,240
Cap Rate 7%
$189,457
Cap Rate 9%
$147,356
Alternative Uses
Best Use
Retail
$284.6K
$249.0K – $332.0K
NOI $19,922 @ 7.0% cap · market cap 13.28%
Second Best
Mixed Use
$189.5K
$165.8K – $221.0K
NOI $13,262 @ 7.0% cap · market cap 8.84%
Theoretical Best
Office A
$450.7K
$394.4K – $525.9K
NOI $31,551 @ 7.0% cap · market cap 21.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
7,540 visits/mo
0.5 miles
Demographics for 38849, MS
6,062
Population
2,245
Households
2.7
Avg Household Size
37
Median Age
25%
College-Educated
88%
High-School Grad
72.5 sq mi
ZIP Area
84
Density / Sq Mi
$72,018
Median Household Income
$40,983
Median Earnings
$938
Median Rent
$147,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The interior combines office space, a kitchen, and three half bathrooms.
Where is this mixed-use property located?
The property is located at 1090 County Road 833 Guntown, MS.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2,400‑square‑foot building on a 2‑acre lot; Large multipurpose room, office space, and kitchen area; Three half bathrooms
