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    502 Church Ave Philadelphia, MS 39350

    For Sale
    $124,900

    Mississippi Investment Opportunity: $124,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional special-purpose commercial building, located at 502 Church Avenue in Philadelphia, Mississippi, presents a compelling investment opportunity. Priced at $124,900, the property boasts a substantial 6,435 square foot lot. Its strategic location just off Main Street and within a couple of blocks of the Marty Stuart's Congress of Country Music offers significant potential for a variety of commercial uses. Currently leased, this property provides immediate cash flow, while its versatile nature allows for diverse future development options. The building's proximity to a major tourist attraction and its location in a vibrant area of Philadelphia, Neshoba County, Mississippi (zip code 39350), makes it an attractive prospect for investors seeking strong returns. The property's coordinates are 32.7704141 latitude and -89.1090496 longitude. Serious inquiries are encouraged to explore the full potential of this well-positioned commercial asset. This is a rare opportunity to acquire a property with existing income and significant upside in a desirable location. The building's current lease status provides a stable foundation for future growth and investment. Don't miss this chance to secure a piece of Philadelphia's thriving commercial landscape.

    Property Features for 502 Church Ave

    General Information

    Property type
    Specialty properties

    HighLights

    • $124,900 asking price.
    • Special purpose property.
    • 6,435 square foot lot.
    • Located at 502 Church Avenue, Philadelphia, MS 39350.
    • Currently leased, offering investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Clothing Store Pharmacy Daycare Center Building Supply Hotel & Motel Wholesale Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Neshoba
    State
    Mississippi
    Longitude
    -89.1090496
    Latitude
    32.7704141

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    FAQs

    What type of property is this?
    Specialty property - Mississippi Investment Opportunity: $124,900
    Where is this specialty property located?
    The property is located at 502 Church Ave Philadelphia, MS.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: $124,900 asking price.; Special purpose property.; 6,435 square foot lot.
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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
    502 Church Ave Philadelphia, MS 39350
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