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    Booneville, MS 38829

    Sponsored
    For Sale
    $325,000

    Prime Commercial Land, High Visibility, $325,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 43,560 square foot commercial lot presents a remarkable investment opportunity in Booneville, Mississippi. Located near Walmart in a high-traffic area, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The zoning allows for multiple uses, including restaurants, retail stores, or the construction of an office building. The substantial lot size provides ample space for development, catering to businesses requiring significant footprint. Its strategic location ensures high exposure to potential customers, maximizing the return on investment. The asking price is $325,000. This property is situated at Lot 2 E Parker D, Booneville, MS 38829, offering a prime location for businesses seeking to establish a strong presence in a thriving commercial area. The property's potential for growth and profitability is undeniable, making it an attractive proposition for discerning investors and developers. The high traffic count and proximity to a major retailer further enhance its appeal. Serious inquiries are encouraged to explore the possibilities this exceptional commercial lot offers.

    Property Features for 0

    General Information

    Property type
    Retail properties

    HighLights

    • 43,560 SF commercial lot in Booneville, MS.
    • High‑traffic location near Walmart, offering excellent visibility and accessibility.
    • Zoned for multiple uses, including restaurants, retail, and office buildings.
    • $325,000 asking price.
    • Located at Lot 2 E Parker D, Booneville, MS 38829.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Booneville
    County
    Prentiss
    State
    Mississippi
    Longitude
    -88.5514718
    Latitude
    34.6799768

    Nearby Comparable

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    FAQs

    What type of property is this?
    Retail property - Prime Commercial Land, High Visibility, $325,000
    Where is this retail property located?
    The property is located at Booneville, MS.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 43,560 SF commercial lot in Booneville, MS.; High-traffic location near Walmart, offering excellent visibility and accessibility.; Zoned for multiple uses, including restaurants, retail, and office buildings.
    Request Owner's contact information
    Booneville, MS 38829
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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
    Booneville, MS 38829
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