137 49 Hwy Indianola, MS 38751
- Commercial real estate
- 10,200 SF
- 8.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 137 49 Hwy
- Year built
- 1962
- Lot size
- 8.50 lot acres
- Property size
- 10,200 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 137 N 49 Highway in Indianola, Mississippi, presents a unique investment opportunity. Boasting a total of 10,200 square feet of space, the property comprises three separate metal buildings, each featuring large bay roll-up doors for convenient access. One building offers 7,200 square feet, including office space equipped with HVAC. The remaining two buildings each provide 1,500 square feet of usable space. The property sits on a generous 8.5-acre lot, providing ample room for expansion or additional development. A significant advantage is the property's prime location, offering 500 feet of frontage on Highway 49, a major thoroughfare with a high traffic count of 4,400 vehicles daily according to MSDOT. The property also benefits from its strategic position at the intersection of Highways 49 and 82, ensuring excellent visibility and accessibility. Currently utilized as a trucking sales center, this versatile property is zoned C-3 commercial, allowing for a wide range of potential uses. The property includes a gravel drive and gravel lot. The asking price of $375,000 is based on a recent appraisal. This is a rare opportunity to acquire a well-located, substantial commercial property in a growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianola
- County
- Sunflower
- State
- Mississippi
- Longitude
- -90.6564
- Latitude
- 33.4525
