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    49 Richland St Richland, MS 39218

    Sponsored
    For Sale
    $345,000

    Prime 1.288-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.288-acre commercial land parcel presents a remarkable investment opportunity in Richland, Mississippi. Strategically located on the east side of Highway 49, behind the Roadway Inn Hotel, this property boasts unparalleled visibility to the high traffic volume of approximately 60,000 vehicles daily. The main buildable area measures approximately 158 feet by 285 feet, providing ample space for a variety of commercial developments. A smaller section of land along the frontage road offers excellent potential for business signage, maximizing exposure to the constant flow of traffic on Highway 49. The property's central location within the tri-county area makes it highly accessible and attractive to a wide range of businesses. Furthermore, there's a possibility of securing a billboard permit following the completion of the ongoing Highway 49 road construction project, further enhancing the advertising potential of this exceptional site. The asking price for this prime commercial land is $345,000. This property is situated in Rankin County, Mississippi, with the address listed as Highway 49, Richland, MS 39218.

    Property Features for 49 Richland St

    General Information

    Property type
    Land
    Lot Size
    56,105 SF

    HighLights

    • $345,000 asking price.
    • 1.288‑acre commercial land parcel.
    • Located in Richland, MS, on Highway 49, offering high visibility to over 60,000 vehicles daily.
    • Excellent location for businesses, centrally positioned in the tri‑county area.
    • Main buildable area measures approximately 158' x 285'.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Richland
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.1600095
    Latitude
    32.2283146

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime 1.288-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 49 Richland St Richland, MS.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: $345,000 asking price.; 1.288-acre commercial land parcel.; Located in Richland, MS, on Highway 49, offering high visibility to over 60,000 vehicles daily.
    (601) 352-0757
    Request Owner's contact information
    49 Richland St Richland, MS 39218
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    Richland, MS 39218
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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
    49 Richland St Richland, MS 39218
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