Property summary
This exceptional commercial property, located at 202 N 2nd St. in Booneville, MS, presents a unique investment opportunity. Situated in Booneville's busiest commercial district, this property boasts high visibility and significant foot traffic, ensuring maximum exposure for your business. The property encompasses two distinct units, offering flexibility and potential for diverse uses. The larger unit, spanning approximately 2,520 square feet, is ideally suited for medical or professional services. Its well-designed layout includes a spacious reception/waiting area, multiple offices/work areas, exam rooms, and ample storage, reflecting its previous use as an optometrist's office. The smaller unit, at approximately 10,80 square feet, is currently leased, generating immediate rental income. This provides a stable cash flow stream alongside the potential for your own business operations in the larger space. The property sits on a half-acre lot and includes approximately 10,000 square feet of concrete parking, providing convenient and ample parking for customers and employees. This prime commercial space offers a rare opportunity to establish or expand your business in a thriving Booneville location. The asking price for this exceptional property is $560,000.
Property profile
VerifiedCap rate & NOI
Current use
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Loan Service
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Factory Production Facility
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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