6305 Us 80 Morton, MS 39117
This exceptional investment opportunity presents a 4,300 square foot retail property located at 6305 US 80 in Morton, Mississippi. Situated on a 0.69-acre lot, this property boasts a 33-unit non-climate-controlled storage facility currently operating at 98% occupancy. This impressive occupancy rate translates to a strong and consistent cash flow, making it an attractive proposition for investors seeking immediate returns. The asking price of $219,000 is listed below appraisal, presenting a significant value proposition for the discerning buyer. The property's prime location on US 80 ensures high visibility and accessibility, further enhancing its appeal to potential tenants and maximizing its earning potential. This is a turnkey operation, requiring minimal management oversight, ideal for passive income generation. The existing tenant base provides a stable foundation for continued success, and the high occupancy rate minimizes vacancy risks. This presents a rare opportunity to acquire a well-established, profitable business in a desirable location at a price point below market value. The property's size and configuration offer flexibility for potential expansion or adaptation to meet evolving market demands. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Financial statements and further details are available upon request.
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
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.