Corner Retail Lot with
For Sale
$156,750
421 W Highway 82, Indianola, MS 38751
COMMERCIAL - Indianola, MS
Property Size1,800 SF
Lot Size0.22 Acres
Price / SF$87.08
Days on Market465
Property Features for 421 W Highway 82
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
119m-31-00-104.00
Size
1,800 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT (100X96) E OF MARIE AVE & S OF HWY 82 * PT NW 1/4 NW 1/4 - *
Tax Annual Amount
2008
Legal Description
LOT (100X96) E OF MARIE AVE & S OF HWY 82 * PT NW 1/4 NW 1/4 - *
Building Details
Year built
1950
Listing Agency:
Tom Smith Land & Homes
(662) 441-2500
Listed By:
Emerson Lovelace · License #S49193
(662) 441-2500
Added: Apr 22, 2025
Changed: Jul 24
Last Checked: Jul 30 at 4:06PM
MLS# 4110978
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Bank-owned commercial property featuring an approximately 1,800-square-foot retail space with HVAC. The site includes a corner lot measuring approximately 100 by 96, and an income-producing billboard.
The property is located at 421 W Highway 82, Indianola, MS 38751, and is described as highway-front. The public remarks cite an MSDOT daily traffic count of 19,000.
This offering combines a retail building with billboard income on a highway-front corner parcel, providing a straightforward commercial configuration for owner-occupants and investors.
The property is located at 421 W Highway 82, Indianola, MS 38751, and is described as highway-front. The public remarks cite an MSDOT daily traffic count of 19,000.
This offering combines a retail building with billboard income on a highway-front corner parcel, providing a straightforward commercial configuration for owner-occupants and investors.
Key Highlights
- Highway 82 West Frontage: Enjoy high visibility and accessibility.
- Income‑Producing Billboard: Generates revenue and enhances property value.
- High Traffic Count: Benefit from 19,000 MSDOT daily traffic count.
Property Analytics
Property Profile
Current Use
Lease Details
19,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Explore this area
Business Placement
Demographics for 38751, MS
10,682
Population
4,383
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
81%
High-School Grad
163.0 sq mi
ZIP Area
66
Density / Sq Mi
$42,965
Median Household Income
$31,478
Median Earnings
$760
Median Rent
$126,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with HVAC on a corner lot, plus an income-producing billboard, fronting Highway 82 West.
Where is this retail space located?
The property is located at 421 W Highway 82 Indianola, MS.
What is the asking price?
The asking price for this property is $156,750.
What are key features of this property?
This property features: Highway 82 West Frontage: Enjoy **high visibility and accessibility**.; Income‑Producing Billboard: **Generates revenue** and enhances property value.; High Traffic Count: Benefit from 19,000 MSDOT daily traffic count.
