0 Carter St Okolona, MS 38860
This exceptional 13-acre industrial land parcel is ideally situated off S. Carter Street in Okolona, Mississippi, offering significant potential for various industrial uses. Boasting approximately 365 feet of road frontage, the property benefits from convenient access and high visibility. The land is currently zoned for industrial development, making it ready for immediate use. Essential utilities, including water and sewer, are readily available through the City of Okolona's infrastructure. While a small pond is shared with an adjacent property, the majority of the acreage provides ample space for construction or expansion. This location provides easy access to other key areas, with Tupelo and West Point approximately 30 minutes away. Note that an adjacent, similarly sized 13-acre tract is also available for purchase, presenting an opportunity to acquire a combined 26 acres for larger-scale projects. The asking price for this specific 13-acre tract is $78,000, representing a price per acre of $6,000. This represents a compelling investment opportunity in a growing industrial area. The property's location in Chickasaw County, Mississippi, and its proximity to major transportation routes, further enhances its appeal. The zip code is 38860.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.