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Mixed-Use Property with Auto Sales
For Sale
$594,900

153 W U.S 98, Kokomo, MS 39667

Commercial Sale, Kokomo, MS

Property SizeContact for details
Days on Market71

Property Features for 153 W U.S 98

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4
Subdivision Kokomo
Standard status Active

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes
Business Included Yes

Additional Details

Automotive Uses dealership/vehicle sales

Taxes and HOA fees

Tax Year 2025
Tax Description 2 AC(D) SW 1/4 NW 1/4 N OF DB 1514/682 1.43 AC (D) SW 1/4 NW 1/4 DB 1340/560
Tax Annual Amount 3443
Legal Description 2 AC(D) SW 1/4 NW 1/4 N OF DB 1514/682 1.43 AC (D) SW 1/4 NW 1/4 DB 1340/560

Utilities

Utilities Electricity Available
Heating system Central

Amenities

commercial advertising sign
in-law suite
extra room

Building Details

Flooring type Carpet, Laminate, Tile, Vinyl, Concrete
Listing Agency: Luxury Southern Realty
Listed By: Sandra Elliott · License #S-59743
Added: Aug 23 Changed: Oct 31 Last Checked: Nov 1 at 11:06AM
MLS# 148441

Copyright © 2026 Hattiesburg Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use offering combines an auto sales operation on approximately 2 acres with a separate home on 1.43 acres. Inventory and equipment are included with the commercial business, along with a sign that can display a business name and generate income. The residence has a main living area, an in-law suite, and an additional room.

The property is located at 153 W U.S. 98 in Kokomo, Mississippi. The package brings together the commercial operation, its associated inventory and equipment, signage, and a residence across two parcels.

Key Highlights

  • Auto sales business on approximately 2 acres
  • Inventory and equipment included with the commercial operation
  • Commercial sign can display a business name and generate income

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Mixed-use properties

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 39667, MS

11,693
Population
5,446
Households
2.1
Avg Household Size
43
Median Age
14%
College-Educated
78%
High-School Grad
317.1 sq mi
ZIP Area
37
Density / Sq Mi
$39,063
Median Household Income
$40,369
Median Earnings
$664
Median Rent
$124,700
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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A separate residence includes an in-law suite and additional room alongside the commercial operation.
Where is this mixed-use property located?
The property is located at 153 W U.S 98 Kokomo, MS.
What is the asking price?
The asking price for this property is $594,900.
What are key features of this property?
This property features: Auto sales business on approximately 2 acres; Inventory and equipment included with the commercial operation; Commercial sign can display a business name and generate income
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