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    1780 Simpson Highway 149 Mendenhall, MS 39114

    For Lease
    Contact for pricing

    Prime Mendenhall location, 2-acre pad site.

    Lot size:
    87,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional build-to-suit opportunity presents a +/- 2-acre retail pad ideally situated in Mendenhall, Mississippi. The property boasts a highly visible corner location at the intersection of MS-13 and Simpson Highway 149, ensuring significant traffic exposure. This strategic placement offers immediate access to a substantial customer base, further enhanced by its proximity to Vowell's Marketplace grocery store, a key anchor tenant. The site's versatility allows for flexibility in development, with the option to subdivide the land to accommodate various project sizes. This presents a unique opportunity for businesses seeking a prominent location in a thriving community. Furthermore, the property is conveniently located near Simpson General Hospital and Mendenhall Junior High School, providing additional foot traffic and accessibility. Both purchase and ground lease options are available, providing flexibility to suit diverse investment strategies. This is an unparalleled chance to establish a strong retail presence in a rapidly growing area. Contact us today to explore the possibilities and secure your place in this dynamic market.

    Property Features for 1780 Simpson Highway 149

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,120 SF

    Unit(s) available at that property

    Space
    Size
    87,120 SF

    HighLights

    • Build‑to‑suit retail pad available in Mendenhall, MS.
    • +/- 2‑acre site located at the intersection of MS‑13 and Simpson Hwy 149.
    • Anchored by Vowell's Marketplace grocery store.
    • Potential for pad subdivision; purchase or ground lease options available.
    • Located near Simpson General Hospital and Mendenhall Junior High School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vowell's Marketplace Grocery Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Grocery Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Mendenhall
    County
    Simpson
    State
    Mississippi
    Longitude
    -89.882616831292
    Latitude
    31.965583947739

    Nearby Comparable

    • $1.00 SF/Yr

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      Retail Space with Highway Frontage

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      Retail Shop in Historic Magee

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    • $4,058 /Mo
      3,246 SF

      Magee Medical Office Space Available

      Full-service medical office building with various space configurations for rent.
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      Magee Medical/Office Space Available

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      Magee Medical/Office Space Available

      Full-service medical/office building with various space configurations for rent.
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    FAQs

    What type of property is this?
    Restaurant - Prime Mendenhall location, 2-acre pad site.
    Where is this restaurant located?
    The property is located at 1780 Simpson Highway 149 Mendenhall, MS.
    What are key features of this property?
    This property features: Build-to-suit retail pad available in Mendenhall, MS.; +/- 2-acre site located at the intersection of MS-13 and Simpson Hwy 149.; Anchored by Vowell's Marketplace grocery store.
    Request Owner's contact information
    1780 Simpson Highway 149 Mendenhall, MS 39114
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    Mendenhall, MS 39114
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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
    1780 Simpson Highway 149 Mendenhall, MS 39114
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