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Property profile & analytics
OFF-MARKET
Mixed-use properties

6501 Hwy Horn Lake, MS 38637

2,928 SF 1.1 ac lot Built 1965
Property ID
Property summary
AI-generated overview

This exceptional 1.1-acre property in Horn Lake, Mississippi, presents a compelling investment opportunity. Located at 6501 U.S. Hwy 51, this mixed-use site boasts a 2,928 square foot, five-bedroom, 3.5-bathroom residence built in 1965, situated amidst established commercial properties on Highway 51 North. The property's strategic location offers significant potential for various commercial ventures, including office space conversion or multi-family usage. The existing home features hardwood floors, cedar closets, and new appliances, along with two master suites and a spacious living room. Additional interior amenities include an eat-in breakfast area and a separate dining room. Exterior features include a single garage, a single carport, and a workshop with a "clean-to" area and a private patio. The asking price is $429,500. This property's versatility, prime location, and substantial size make it an ideal investment for discerning buyers seeking high-yield potential in a thriving commercial corridor. The property consists of two buildings. Broker co-op is available.

Property profile
Verified
Property type Mixed-use properties
Year built 1965
Total area 2,928 SF
Lot 1.1 ac (47,916 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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