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Flex Space with Highway Frontage

8484 Highway 483, Lena, MS 39094

For Sale
$49,999

An open-plan brick property has new electrical service and community water with a meter in place.

Property Size3,536 SF
Price / SF$14.14
Days on Market257

Property Features for 8484 Highway 483

General Information

Standard status Active
Size 3,536 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Power 200 amps

Building Details

Building Size 3,536 SF
Year Built 1956
Construction brick
Listing Agency: Southern Homes Real Estate
Listed By: April Smith
Source: Cumbestrealty
Added: Mar 2 Changed: Nov 11 Last Checked: Nov 13 at 9:08AM

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 Southern Homes Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 3,536-square-foot brick flex property offers an open interior layout. Approximately 1,768 square feet are heated and cooled by two 2-ton heat pump mini-split systems. The building was constructed in 1956 and has new 200-amp electrical service. Community water is available, with a meter already in place. The property is offered as-is.

Located on Highway 483 in the Ludlow community of Scott County, the building has highway frontage. A Mississippi Department of Environmental Quality No Further Action memo is on file following a prior underground storage tank removal. Buyers should confirm on-site wastewater requirements for their proposed use.

Key Highlights

  • 3,536 square feet of building area
  • Approximately 1,768 square feet heated and cooled
  • Two 2‑ton heat pump mini‑split systems

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Electronics & Wireless Store

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

Demographics for 39094, MS

3,860
Population
2,030
Households
1.9
Avg Household Size
42
Median Age
10%
College-Educated
79%
High-School Grad
171.5 sq mi
ZIP Area
23
Density / Sq Mi
$63,369
Median Household Income
$40,411
Median Earnings
$801
Median Rent
$100,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - An open-plan brick property has new electrical service and community water with a meter in place.
Where is this flex space located?
The property is located at 8484 Highway 483 Lena, MS.
What is the asking price?
The asking price for this property is $49,999.
What are key features of this property?
This property features: 3,536 square feet of building area; Approximately 1,768 square feet heated and cooled; Two 2‑ton heat pump mini‑split systems
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