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    881 Ms-198 Beaumont, MS 39423

    For Lease
    $750 /Mo ($0.36 SF/Yr)

    Prime Retail Location, Mississippi

    Lot size:
    25,282 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a well-established gas station and retail property located at 881 MS-198 in Beaumont, Mississippi. The property boasts a total of 25,282 square feet across two single-story buildings situated on a generous 2.46-acre lot. Currently, there is 2,000 square feet of vacant space available, presenting a unique chance for expansion or the addition of complementary businesses. The property's prime location in Perry County ensures high visibility and accessibility for customers. The single-tenant occupancy provides a stable income stream, while the substantial vacant space offers significant potential for increased revenue. This property is ideal for an investor seeking a strong return on investment in a thriving retail market. The existing infrastructure is well-maintained, and the ample lot size allows for future development or expansion possibilities. The property's strategic location along MS-198 guarantees consistent traffic flow, maximizing exposure to potential customers. This is a rare opportunity to acquire a turnkey retail property with significant upside potential in a desirable Mississippi location. The property is zoned for retail use and is ready for immediate occupancy. Serious inquiries are encouraged to explore this lucrative investment opportunity further. The zip code is 39423.

    Property Features for 881 Ms-198

    General Information

    Property type
    Automotive properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,282 SF
    Total Rate
    750

    Building Details

    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Suite Space 1
    Size
    2,000 SF
    Rate per SF
    $750
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Spa & Massage Hair Salon Clothing Store Nail Salon Hotel & Motel Pharmacy HVAC Service Grocery Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Perry
    State
    Mississippi
    Longitude
    -88.9221902
    Latitude
    31.1699046

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    FAQs

    What type of property is this?
    Automotive property - Prime Retail Location, Mississippi
    Where is this automotive property located?
    The property is located at 881 Ms-198 Beaumont, MS.
    What is the lease rate?
    The lease rate is $750 /Mo.
    Request Owner's contact information
    881 Ms-198 Beaumont, MS 39423
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    Beaumont, MS 39423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    881 Ms-198 Beaumont, MS 39423
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