207 Monroe St Okolona, MS 38860
This exceptional commercial property, situated at 207 E Monroe St in Okolona, Mississippi, presents a remarkable investment opportunity. Spanning 1,600 square feet, this building is ideally located in the heart of Okolona, offering unparalleled accessibility and visibility. The property sits on a sizable 0.36-acre lot, providing ample space for expansion, parking, or outdoor activities. The building's versatile layout makes it suitable for a wide range of commercial uses, from retail and office spaces to light industrial operations. Its prime location within Okolona ensures high foot traffic and easy access to local amenities and transportation routes. The asking price of $74,500 represents an attractive entry point into the Okolona commercial real estate market. This is a rare chance to acquire a well-positioned property with significant growth potential. Don't miss this opportunity to establish your business or expand your investment portfolio in a thriving Mississippi community. The property is ready for immediate occupancy and awaits your vision to transform it into a successful venture. Serious inquiries are encouraged to explore this promising investment further.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.