Versatile Commercial Property in
1210 Springridge Rd Clinton, MS 39056
For Sale
$415,000
High-visibility commercial property ideal for various business ventures.
Property Size2,400 SF
Lot Size1.00 Acre
Price / SF$172.92
Days on Market464
Property Features for 1210 Springridge Rd
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 1.00 Acre
Listing Agency:
The Agency Haus LLC DBA Agency
(601) 665-4869
Listed By:
Tammoria Galtney · License #S54465
(601) 665-4869
Source:
Exprealty
Added: Apr 19, 2025
Changed: Jul 6
Last Checked: Jul 25 at 3:19PM
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
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.6k | $14.40 |
| − Vacancy | −$7.6k | −$3.17 |
| EGI | $27.0k | $11.23 |
| − OpEx | −$6.7k | −$2.81 |
| NOI | $20.2k | $8.42 |
2,400 SF · lease $14.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$288.8K
$252.7K – $337.0K
NOI $20,218 @ 7.0% cap · market cap 4.87%
Second Best
Retail
$259.2K
$226.8K – $302.4K
NOI $18,144 @ 7.0% cap · market cap 4.37%
Theoretical Best
Hotel Hospitality
$16.30M
$14.27M – $19.02M
NOI $1,141,243 @ 7.0% cap · market cap 275.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Williams Used Cars
Car Dealership
FAQs
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.
