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Three-Bay Flex Space
For Sale
$160,000

316 State Highway 15 S, New Albany, MS 38652

Commercial building with highway frontage, private parking, and overhead loading access.

Property SizeContact for details
Days on Market117

Property Features for 316 State Highway 15 S

General Information

Standard status Active

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,621
Listing Agency: J. Morris Realty, LLC
Listed By: James Morris
Source: Exprealty
Added: Apr 17 Changed: Aug 9 Last Checked: Aug 10 at 9:04AM

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 J. Morris Realty, LLC

Investment Insights

Based on property information with market context.

This flex property is configured with three separate bays and includes two overhead doors for operational access. Private parking serves the building, while frontage along Highway 15 provides a direct street presence.

The property sits at the intersection of Highway 15 and Highway 30, just beyond New Albany High School in New Albany, Mississippi. Its bay layout and existing access features support a range of commercial applications.

Key Highlights

  • Three separate bays for flexible commercial configuration
  • Two overhead doors provide functional loading access
  • Frontage along Highway 15

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply Auto Parts Store Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38652, MS

16,657
Population
6,977
Households
2.4
Avg Household Size
40
Median Age
19%
College-Educated
80%
High-School Grad
154.4 sq mi
ZIP Area
108
Density / Sq Mi
$54,321
Median Household Income
$36,359
Median Earnings
$918
Median Rent
$162,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Nichols Foods & Deli 306 Clarke St, New Albany, MS 38652

Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with highway frontage, private parking, and overhead loading access.
Where is this flex space located?
The property is located at 316 State Highway 15 S New Albany, MS.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Three separate bays for flexible commercial configuration; Two overhead doors provide functional loading access; Frontage along Highway 15
More about this property
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