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    1113 Us 98 Columbia, MS

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    For Sale
    $1,450,000

    Retail center in Columbia, Mississippi, nearly fully leased.

    Property size:
    18,000 SF
    Lot size:
    2.32 Acres

    Property Features for 1113 Us 98

    General Information

    Size
    18,000 SF
    Lot size
    2.32 Acres

    Source: London & Stetelman Realtors Agent Stephen Stetelman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Columbia, MS Retail Investment Opportunity

    This commercial property is located in Columbia, Mississippi, and offers an investment opportunity. The owner-occupied retail center has a size of 18000 square feet and is nearly fully leased.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Columbia
    County
    Marion
    State
    Mississippi
    Longitude
    -89.83758
    Latitude
    31.2518439

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    FAQs

    What type of property is this?
    Shopping center - Retail center in Columbia, Mississippi, nearly fully leased.
    Where is this shopping center located?
    The property is located at 1113 Us 98 Columbia, MS.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Great investment opportunity; - Located in the heart of Columbia, Mississippi; - Nearly fully-leased, providing steady income
    (601) 268-8770
    Request Owner's contact information
    1113 Us 98 Columbia, MS
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    Columbia, MS
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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
    1113 Us 98 Columbia, MS
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