Versatile Commercial Property in
For Sale
$415,000
1210 Springridge Rd, Clinton, MS 39056
High-visibility commercial property ideal for various business ventures.
Property Size4,800 SF
Lot Size1.00 Acre
Price / SF$86.46
Days on Market272
Property Features for 1210 Springridge Rd
General Information
Standard status
Active
Size
4,800 SF
Lot size
1.00 Acre
Building Details
Year Built
1993
Listing Agency:
The Agency Haus LLC DBA Agency
Listed By:
Tammoria Galtney · License #S54465
(601) 665-4869
Source:
Fiorellaavenue
Added: Jan 26
Changed: Oct 6
Last Checked: Oct 7 at 12:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency Haus LLC DBA Agency
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Investment Insights
Based on property information with market context.
This commercial property is located in Clinton's growing business district, offering high visibility and traffic. The property is situated on over an acre and includes two separate buildings, each approximately 2400 square feet. The site is currently operating as a used car dealership and mechanic shop, but its flexible layout and ample lot space make it suitable for automotive services, retail, or office space. The property is located minutes from I-20 and downtown. Each building has the same layout, featuring two separate areas for each garage door, a bathroom, and an office. The owner is willing to leave some equipment with a favorable offer.
Key Highlights
- Prime location on high‑visibility, high‑traffic Springridge Road in Clinton's growing business district.
- Two separate buildings, each +/-2400 sq ft, providing versatile space.
- Over one acre of land offering ample space for automotive services, retail, office space, or redevelopment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,288
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,760
$725.8K
Cap Rate 7%
$518,400
$518.4K
Cap Rate 9%
$403,200
$403.2K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$57.6K $12.00/SF
− Vacancy
−$5.8K −$1.20/SF
EGI
$51.8K $10.80/SF
− OpEx
−$15.6K −$3.24/SF
NOI
$36.3K $7.56/SF
Area
Hinds County, MS
Vacancy
10.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,760
Cap Rate 7%
$518,400
Cap Rate 9%
$403,200
Alternative Uses
Best Use
Office B
$577.6K
$505.4K – $673.9K
NOI $40,435 @ 7.0% cap · market cap 9.74%
Second Best
Retail
$518.4K
$453.6K – $604.8K
NOI $36,288 @ 7.0% cap · market cap 8.74%
Theoretical Best
Hotel Hospitality
$32.61M
$28.53M – $38.04M
NOI $2,282,486 @ 7.0% cap · market cap 550.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39056, MS
27,346
Population
11,334
Households
2.4
Avg Household Size
38
Median Age
48%
College-Educated
94%
High-School Grad
54.2 sq mi
ZIP Area
505
Density / Sq Mi
$71,864
Median Household Income
$46,577
Median Earnings
$1,135
Median Rent
$220,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Automotive property - High-visibility commercial property ideal for various business ventures.
Where is this automotive property located?
The property is located at 1210 Springridge Rd Clinton, MS.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Prime location on high‑visibility, high‑traffic Springridge Road in Clinton's growing business district.; Two separate buildings, each +/-2400 sq ft, providing versatile space.; Over one acre of land offering ample space for automotive services, retail, office space, or redevelopment.
