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    713 M.l.k. Jr Dr Marks, MS 38646

    For Sale
    $714,000
    Property size:
    8,000 SF
    Added:
    Dec 11, 2024
    Days on Market:
    366

    Property Features for 713 M.l.k. Jr Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,000 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    2000

    HighLights

    • High‑traffic location on M.L.K. Jr. Drive (State Road 3), 15,000 vehicles per day.
    • Net lease structure with low landlord responsibilities.
    • Three 5‑year lease renewal options.
    • 3% percentage rent based on gross sales.
    • Investment‑grade tenant (Dollar Tree, NASDAQ: DLTR).
    • Near Progressive Health of Marks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Marks
    County
    Quitman
    State
    Mississippi
    Longitude
    -90.2754037
    Latitude
    34.2514881

    Nearby Similar for Sale

    • New
      $89,000
      5,350 SF

      Versatile Commercial Building in Marks

      Adaptable commercial building suitable for various business ventures.
      286 Main St, Marks, MS 38646
      View Details

    FAQs

    Where is this individual retail property located?
    The property is located at 713 M.l.k. Jr Dr Marks, MS.
    What is the asking price?
    The asking price for this property is $714,000.
    What are key features of this property?
    This property features: High-traffic location on M.L.K. Jr. Drive (State Road 3), 15,000 vehicles per day.; Net lease structure with low landlord responsibilities.; Three 5-year lease renewal options.
    Request Owner's contact information
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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
    713 M.l.k. Jr Dr Marks, MS 38646
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