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Property profile & analytics
OFF-MARKET
Lifestyle centers

1570 Jerry Clower Blvd Yazoo City, MS 39194

64,791 SF 4.6 ac lot Built 1993
Property ID
Property summary
AI-generated overview

This exceptional value-add investment opportunity presents a 64,791 square foot retail shopping center situated on a 4.6-acre lot at 1570-1575 Jerry Clower Blvd in Yazoo City, Mississippi, zip code 39194. The property, built in 1993, features a single story building with C-3 zoning. Currently at 47% occupancy, this multi-tenant shopping center offers significant upside potential. The center benefits from a prime location at the northwest quadrant of Jerry Clower Boulevard (Highway 49) and Fifteenth Street, surrounded by a thriving retail environment including numerous fast-food restaurants and other neighborhood businesses. While previously nearly 100% occupied, recent tenant turnover (including Dirt Cheap and a bingo hall) presents a chance for repositioning and redevelopment. The property includes an additional 1,890 square foot outparcel restaurant building and two ground leases. Available spaces range from 1,200 to 30,000 square feet, with lease rates between $3.00 and $5.00 per square foot on a modified gross lease basis. The asking price for this significant retail investment is $1,200,000. This is an ideal opportunity for investors seeking to capitalize on high-demand retail space in a growing area. The APN is 3-278B-27-012.00.

Property profile
Verified
Property type Lifestyle centers
Year built 1993
Total area 64,791 SF
Lot 4.6 ac (200,376 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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