49 Frontage Rd Richland, MS 39218
This exceptional 1-acre commercial lot is situated on the southbound side of US Highway 49 in Richland, Mississippi, zip code 39218, offering unparalleled visibility and accessibility. Part of a larger 3.76-acre tract, this parcel benefits from its strategic location adjacent to a Hampton Inn and boasts an impressive Average Annual Daily Traffic (AADT) count of 42,000 vehicles. The property's prime location is further enhanced by its proximity to a recently purchased one-acre site by a bank, situated on the northern frontage of the larger tract. A planned drive will cut through the middle of the remaining land, providing convenient access to a hotel located at the rear of the property. The asking price is $12-$13 per square foot, representing a compelling investment opportunity given the high traffic volume and strategic location. This lot presents a unique chance to establish a thriving business in a high-growth area. Detailed site plans are available upon request. The property is located in Rankin County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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