Current Use by Public Records
- Commercial real estate
Property Details for 235 Shiloh Church Rd
- Property type
- Commercial real estate
Description
This exceptional commercial property in Moselle, Mississippi, presents a compelling investment opportunity with significant value-add potential. The portfolio comprises four distinct commercial buildings totaling 20,000 square feet, situated on a substantial lot. A large, 17,000-square-foot warehouse, currently owner-occupied, anchors the property and offers considerable redevelopment potential, such as conversion into self-storage units or specialized storage for recreational vehicles, given its proximity to the Tillery subdivision. A second building offers 2,000 square feet of commercial space, while a third building provides 1,000 square feet, complemented by a separate 200-square-foot detached office. A fourth, fully-serviced lot is ready for immediate development of an additional commercial structure. Adding to the property's income stream are three strategically placed billboards generating consistent revenue. The current market rents and a projected 10% capitalization rate strongly support the asking price of $1,500,000, making this a rare opportunity for investors seeking substantial returns and long-term growth. The property's diverse income streams and development potential offer a unique blend of immediate cash flow and future upside. This is an ideal investment for those seeking a strong return on investment in a growing Mississippi market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moselle
- County
- Jones
- State
- Mississippi
- Longitude
- -89.2782
- Latitude
- 31.5273
