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Grocery and Convenience Store
For Sale
$600,000

650 N Oak Avenue, Ruleville, MS 38771

Commercial Sale, Ruleville, MS

Property Size17,144 SF
Lot Size1.30 Acres
Price / SF$34
Days on Market49

Property Features for 650 N Oak Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street, Parking Lot
Lot features City Lot, City Lot
Standard status Active
APN 069p-31-00-324.00
Size 17,144 SF
Lot size 1.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1.3 AC LOTS 11,17, 18 & PT LOT 9 & PT LOTS 12-16 & PT ALLEY BLK A SEARCY'S 2ND ADD RULEVILLE PB 1/25 1/2 OLD PCL:8069P0002300 A0000110
Tax Annual Amount 16612
Legal Description 1.3 AC LOTS 11,17, 18 & PT LOT 9 & PT LOTS 12-16 & PT ALLEY BLK A SEARCY'S 2ND ADD RULEVILLE PB 1/25 1/2 OLD PCL:8069P0002300 A0000110

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

new security system
newer coolers

Building Details

Year built 1981
Flooring type Vinyl
Listing Agency: Tom Smith Land & Homes
Listed By: Anthony Steen · License #S57162
Added: Aug 31 Changed: Oct 8 Last Checked: Oct 18 at 8:06AM
MLS# 4161008

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.

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Investment Insights

Based on property information with market context.

Located at 650 N Oak Avenue in Ruleville, this grocery and convenience store property occupies 1.3 acres. The building dates to 1981 and has vinyl flooring, central heating and central air conditioning. The site includes a parking lot with 80+/- spaces, with recently repainted parking areas.

Additional features include a security system and newer coolers. Water is available, and the property is served by public water and public sewer.

Key Highlights

  • 1.3‑acre site at 650 N Oak Avenue, Ruleville
  • Parking lot with 80+/- spaces and newly painted markings
  • Newer coolers and a security system

Property Analytics

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Current Use

Sullivan's Grocery Grocery & Convenience Store Coin Cloud Bitcoin ... Atm

Suggested Use

Top Pick Plumbing Service Pharmacy Grocery & Convenience Store Nail Salon (Bike/Boat/Book/etc) Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
17k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Dining 33%
Dollar General Shops & Services
7,119 visits/mo 0.3 miles
Family Dollar Shops & Services
4,482 visits/mo 0.1 miles
Bumpers Drive-In Dining
3,828 visits/mo 0.4 miles
SUBWAY Dining
1,877 visits/mo 0.3 miles

Demographics for 38771, MS

2,959
Population
1,035
Households
2.9
Avg Household Size
41
Median Age
16%
College-Educated
81%
High-School Grad
54.1 sq mi
ZIP Area
55
Density / Sq Mi
$42,727
Median Household Income
$26,976
Median Earnings
$651
Median Rent
$96,100
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?
Grocery and convenience store - The property includes a parking lot, updated security equipment, and newer coolers.
Where is this grocery and convenience store located?
The property is located at 650 N Oak Avenue Ruleville, MS.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1.3‑acre site at 650 N Oak Avenue, Ruleville; Parking lot with 80+/- spaces and newly painted markings; Newer coolers and a security system
More about this property
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