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    303 Main St New Augusta, MS 39462

    For Sale
    $150,000

    Prime Retail Location, 4,664 SF

    Property size:
    4,664 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 303 S Main Street in New Augusta, Mississippi, presents a unique investment opportunity. The building, a former grocery store, boasts a substantial 4,664 square feet of space on a 0.24-acre lot. The single-story structure offers ample room for a variety of retail uses, benefiting from its prominent downtown location. The asking price is $150,000, translating to a price per square foot of $32.02. This represents a compelling value for a property of this size and location in Perry County. The property's history as a well-established grocery store suggests strong potential for future success. Its single-tenancy configuration provides flexibility and control for the new owner. The address, 303 S Main Street, ensures high visibility and accessibility for customers. The zip code is 39462. This property is ideal for an entrepreneur seeking a well-positioned retail space in a growing community or an investor looking for a strong return on investment. The property's size and location make it a highly attractive proposition in the New Augusta market. Serious inquiries are encouraged.

    Property Features for 303 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    4,664 SF
    Lot Size
    10,454 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $150,000 asking price.
    • 4,664 square foot retail building.
    • Single‑tenant occupancy.
    • $32.02 per square foot.
    • Located at 303 S Main Street, New Augusta, MS 39462.
    • 0.24‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Hair Salon Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Augusta
    County
    Perry
    State
    Mississippi
    Longitude
    -89.0752499
    Latitude
    31.1906385

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      Prime MS Timber & Hunting Land

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, 4,664 SF
    Where is this retail property located?
    The property is located at 303 Main St New Augusta, MS.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: $150,000 asking price.; 4,664 square foot retail building.; Single-tenant occupancy.
    (601) 606-7675
    Request Owner's contact information
    303 Main St New Augusta, MS 39462
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    New Augusta, MS 39462
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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
    303 Main St New Augusta, MS 39462
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