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    2631 Mcingvale Rd Hernando, MS 38632

    For Lease
    Contact for pricing

    70,957 SF Shopping Center, 1,998 SF Available

    Lot size:
    70,957 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 70,957-square-foot retail center presents a compelling investment opportunity in the thriving Hernando, Mississippi market. Strategically situated just off Interstate 55 on McIngvale Road, south of its intersection with East Commerce Street, this multi-tenant property enjoys high visibility and convenient access for customers. Currently, there is 1,998 square feet of immediately available retail space, perfect for a variety of businesses seeking a prominent location. The entire center offers ample space for diverse retail tenants, creating a vibrant and synergistic shopping environment. Located in DeSoto County, this property benefits from a strong local economy and a growing population. The property's prime location near Interstate 55 ensures excellent accessibility for both local shoppers and those traveling through the region. The available space offers a chance to establish a presence in a well-established retail center with significant foot traffic. This is an ideal opportunity for businesses seeking high visibility and a strong customer base in a rapidly developing area. The property's size and location make it an attractive option for both established businesses and new ventures looking to expand their reach. Detailed information on lease terms and conditions is available upon request. Don't miss this chance to secure a prime retail space in a thriving Mississippi community.

    Property Features for 2631 Mcingvale Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,957 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,998 SF

    HighLights

    • 1,998 SF of retail space immediately available.
    • Anchored by Club4 Fitness and Hernando Taekwondo.
    • Across from Walmart, adjacent to Hampton Inn & Days Inn.
    • Located in Hernando, MS, DeSoto County (county seat), ~12 miles south of Memphis, TN.
    • High traffic counts: I‑55 (37,000 AADT), E Commerce St (26,000 AADT).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stars In Motion Dance School iNails Spa Nail Salon Elite Eyecare Optometrist CLUB4 Fitness Hernando Gym Verizon Internet Service Provider

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hernando
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.9739818
    Latitude
    34.821966

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    FAQs

    What type of property is this?
    Retail property - 70,957 SF Shopping Center, 1,998 SF Available
    Where is this retail property located?
    The property is located at 2631 Mcingvale Rd Hernando, MS.
    What are key features of this property?
    This property features: 1,998 SF of retail space immediately available.; Anchored by Club4 Fitness and Hernando Taekwondo.; Across from Walmart, adjacent to Hampton Inn & Days Inn.
    Request Owner's contact information
    2631 Mcingvale Rd Hernando, MS 38632
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    Hernando, MS 38632
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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
    2631 Mcingvale Rd Hernando, MS 38632
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