Retail Space in Clinton
For Sale
$275,000
230 Clinton Blvd, Clinton, MS 39056
3280 sq ft building in the heart of Clinton.
Property Size3,280 SF
Lot Size0.50 Acres
Price / SF$83.84
Days on Market536
Property Features for 230 Clinton Blvd
General Information
Standard status
Active
Size
3,280 SF
Lot size
0.50 Acres
Taxes and HOA fees
Annual Taxes
$2,386
Listing Agency:
The Pittman Agency
Listed By:
Laci Pittman
(601) 573-4748
Source:
Exprealty
Added: Apr 20, 2025
Changed: Oct 3
Last Checked: Oct 5 at 11:18PM
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 Pittman Agency
Investment Insights
Based on property information with market context.
This 3280 sq ft building presents a blank slate for various business opportunities. It is situated in the heart of the Clinton Boulevard District of Clinton, offering proximity to Highway 80, Clinton Boulevard, and Lakeview Drive.
Key Highlights
- 3280 sq ft building provides ample space.
- Located in the heart of the Clinton Blvd District.
- Blank slate for various business opportunities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,797
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,940
$495.9K
Cap Rate 7%
$354,243
$354.2K
Cap Rate 9%
$275,522
$275.5K
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$39.4K $12.00/SF
− Vacancy
−$3.9K −$1.20/SF
EGI
$35.4K $10.80/SF
− OpEx
−$10.6K −$3.24/SF
NOI
$24.8K $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%
$495,940
Cap Rate 7%
$354,243
Cap Rate 9%
$275,522
Alternative Uses
Best Use
Retail
$354.2K
$310.0K – $413.3K
NOI $24,797 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$22.28M
$19.50M – $25.99M
NOI $1,559,698 @ 7.0% cap · market cap 567.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 3280 sq ft building in the heart of Clinton.
Where is this retail space located?
The property is located at 230 Clinton Blvd Clinton, MS.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3280 sq ft building provides ample space.; Located in the heart of the Clinton Blvd District.; Blank slate for various business opportunities.
