Two-Building Storefront
For Sale
$295,000
625 E Peace St, Canton, MS 39046
Freestanding retail buildings provide multi-tenant occupancy and ample parking.
Property Size2,177 SF
Lot Size0.82 Acres
Price / SF$135.51
Days on Market68
Property Features for 625 E Peace St
General Information
Standard status
Active
Size
2,177 SF
Lot size
0.82 Acres
Zoning
C-2
Occupancy
100%
Additional Details
Corner Location
Yes
Building Details
Year Built
1968
Buildings
2
Tenancy
Multi
Listing Agency:
JDJ Realty
Listed By:
Rebecca Atkinson · License #S24100
(601) 707-5555
Source:
Fiorellaavenue
Added: Aug 9
Changed: Oct 15
Last Checked: Oct 7 at 2:36PM
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 JDJ Realty
Investment Insights
Based on property information with market context.
This Canton commercial property comprises two separate freestanding storefront buildings with 2177 SF of combined space. The layout supports multi-tenant occupancy, and both buildings are fully leased. Ample parking serves the property, which spans .82 acres and is zoned C-2.
The buildings occupy corner positions along two well-traveled streets. The surrounding Madison County area includes major employment and distribution operations connected with the Amazon Mega Site and Nissan. The property is located at 625 E Peace Street in Canton, MS, with a two-building configuration and an established leased profile.
The buildings occupy corner positions along two well-traveled streets. The surrounding Madison County area includes major employment and distribution operations connected with the Amazon Mega Site and Nissan. The property is located at 625 E Peace Street in Canton, MS, with a two-building configuration and an established leased profile.
Key Highlights
- 2 freestanding buildings with 2177 SF of total space
- .82‑acre property with C‑2 zoning
- Fully leased multi‑tenant configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,190
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,800
$423.8K
Cap Rate 7%
$302,714
$302.7K
Cap Rate 9%
$235,444
$235.4K
Market Conditions
NOI Build-Up for 2,177 SF
Gross rent
$32.7K $15.00/SF
− Vacancy
−$2.4K −$1.10/SF
EGI
$30.3K $13.91/SF
− OpEx
−$9.1K −$4.17/SF
NOI
$21.2K $9.73/SF
Area
Madison County, MS
Vacancy
7.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,800
Cap Rate 7%
$302,714
Cap Rate 9%
$235,444
Alternative Uses
Best Use
Retail
$302.7K
$264.9K – $353.2K
NOI $21,190 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$473.9K
$414.7K – $552.9K
NOI $33,173 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Groceries 26%
Home Improvements & Furnishings 3%
Apparel 2%
Dollar Tree
Shops & Services
10,613 visits/mo
0.2 miles
Save-A-Lot
Groceries
7,698 visits/mo
0.4 miles
Shell
Shops & Services
7,393 visits/mo
0.1 miles
Valvoline Instant Oil Change
Shops & Services
1,259 visits/mo
0.5 miles
Family Dollar
Shops & Services
1,118 visits/mo
0.4 miles
Demographics for 39046, MS
27,866
Population
12,909
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
83%
High-School Grad
311.8 sq mi
ZIP Area
89
Density / Sq Mi
$48,288
Median Household Income
$33,879
Median Earnings
$879
Median Rent
$210,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail buildings provide multi-tenant occupancy and ample parking.
Where is this storefront property located?
The property is located at 625 E Peace St Canton, MS.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 2 freestanding buildings with 2177 SF of total space; .82‑acre property with C‑2 zoning; Fully leased multi‑tenant configuration
