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    Cross Creek Dr Saltillo, MS 38866

    For Sale
    Contact for pricing

    High-traffic retail land, ideal for development.

    Property size:
    63,162 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.45-acre outparcel, located at Cross Creek Dr in Tupelo, MS (zip code 38866), presents a prime opportunity for commercial development. Situated in Lee County, within Northern Mississippi's top retail district, this property boasts a strategic location drawing from a 50-mile radius with 17.6 million annual visitors. The site is zoned RC - Regional Commercial and offers 63,162 square feet of potential development space. The property's location benefits from a strong local economy anchored by major employers including North MS Health Services, Ashley Furniture, and Toyota Motor, along with the significant presence of North Mississippi Medical Center and the Tupelo Public School District. The property is divisible, with options for purchasing the entire 1.45 acres for $1.9 million or individual 0.72-acre pad sites for $950,000 each. The APN is 083V-08-002-06. This presents a rare chance to capitalize on a thriving market and build a successful commercial venture. The property's high visibility and access to a large consumer base make it an attractive investment for developers seeking a strong return.

    Property Features for 0 Cross Creek Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    63,162 SF
    Lot Size
    63,162 SF

    HighLights

    • 1.45‑acre site available for $1.9M, subdividable into two .72‑acre pad sites at $950,000 each.
    • Subdividable property offering flexibility for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Saltillo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.6988763
    Latitude
    34.3184972

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail land, ideal for development.
    Where is this individual retail property located?
    The property is located at Cross Creek Dr Saltillo, MS.
    What are key features of this property?
    This property features: 1.45-acre site available for $1.9M, subdividable into two .72-acre pad sites at $950,000 each.; Subdividable property offering flexibility for development.;
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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
    Cross Creek Dr Saltillo, MS 38866
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