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    1000 State St Clarksdale, MS 38614

    For Sale
    $195,000

    Distressed Sale: 1.066-Acre Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This 1.066-acre commercial land parcel presents a unique investment opportunity in Clarksdale, Mississippi. Located at 1000 S State St, this property boasts exceptional visibility and accessibility due to its placement as a Walmart outparcel. The property's strategic location ensures a strong regional customer base, benefiting from the high traffic volume generated by the adjacent Walmart. The sale is classified as a distressed sale, offering potential buyers a chance to acquire this prime commercial land at a competitive price. The lot size is ideal for a variety of commercial developments, capitalizing on the existing high-traffic area. The property is situated at a signalized intersection, further enhancing its visibility and accessibility for potential customers. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Mississippi market. The property's location in Coahoma County, Mississippi, zip code 38614, provides easy access to major transportation routes and a strong local economy. The distressed sale condition presents a compelling investment opportunity for savvy buyers seeking a high-return property. Don't miss this chance to secure this valuable commercial land parcel.

    Property Features for 1000 State St

    General Information

    Property type
    Land
    Lot Size
    46,435 SF

    HighLights

    • 1.066‑acre commercial land parcel in Clarksdale, MS, at 1000 S State St.
    • Walmart outparcel with high visibility and accessibility due to its location.
    • Distressed sale offering a competitive price.
    • Ideal lot size for various commercial developments in a high‑traffic area.
    • Situated at a signalized intersection for optimal visibility.
    • Located in Coahoma County, MS (zip code 38614), with easy access to major transportation routes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MoneyGram Money Transfer Service Western Union Money Transfer Service Walmart Home Services Home Help Service Agency Henderson Kenya OD Optometrist Walmart Business Center Computer Service

    Suggested Use

    Restaurant Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksdale
    County
    Coahoma
    State
    Mississippi
    Longitude
    -90.593226287262
    Latitude
    34.182406351413

    Nearby Comparable

    • $750,000
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      Commercial Land on State Street

      8+/- acre commercial lot with highway frontage in Clarksdale.
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      Clarksdale Commercial Property For Sale

      Highly visible 34,902 sq. ft. commercial property on 1.32 acres.
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      Downtown Clarksdale Commercial Gem

      High-income 8-unit building, prime location.
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    • $850,000
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      Desoto Avenue Commercial Building

      Spacious Clarksdale Commercial Property
      819 Desoto Avenue Ext, Clarksdale, MS 38614
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    • $850,000
      7,082 SF

      Retail Property in Clarksdale, MS

      7,082 SF retail building on 1.03 acres for sale.
      819 Desoto Ave, Clarksdale, MS 38614
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    Nearby Similar for Sale

    • $850,000
      7,082 SF

      Clarksdale Commercial Property For Sale

      7,082 SF building with three established businesses on 1.03 acres.
      819 Desoto Avenue Ext, Clarksdale, MS 38614
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    • $400,000
      34,903 SF

      Clarksdale Commercial Property For Sale

      Highly visible 34,902 sq. ft. commercial property on 1.32 acres.
      701 S State St, Clarksdale, MS 38614
      View Details
    • $850,000
      7,082 SF

      Retail Property in Clarksdale, MS

      7,082 SF retail building on 1.03 acres for sale.
      819 Desoto Ave, Clarksdale, MS 38614
      View Details
    • $850,000
      7,082 SF

      Desoto Avenue Commercial Building

      Spacious Clarksdale Commercial Property
      819 Desoto Avenue Ext, Clarksdale, MS 38614
      View Details
    • $335,000
      11,768 SF

      Downtown Clarksdale Commercial Gem

      High-income 8-unit building, prime location.
      270 Delta Ave, Clarksdale, MS 38614
      View Details

    FAQs

    What type of property is this?
    Land - Distressed Sale: 1.066-Acre Lot
    Where is this land located?
    The property is located at 1000 State St Clarksdale, MS.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: 1.066-acre commercial land parcel in Clarksdale, MS, at 1000 S State St.; Walmart outparcel with high visibility and accessibility due to its location.; Distressed sale offering a competitive price.
    Request Owner's contact information
    1000 State St Clarksdale, MS 38614
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    Clarksdale, MS 38614
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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
    1000 State St Clarksdale, MS 38614
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