Technical
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Property profile

161 Hwy Clarksdale, MS 38645

OFF-MARKET
Land
1 SF 8.3 ac lot
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Property summary

AI-generated overview

This exceptional 8.3-acre commercial land parcel presents a unique investment opportunity in Clarksdale, Mississippi. Located on Highway 161, this single-tenant property boasts high visibility and convenient access, making it ideal for a variety of commercial uses. The expansive lot size offers ample space for development, allowing for significant flexibility in design and construction. Situated in Coahoma County, this property benefits from a strategic location within a thriving community. The property is designated as commercial land and is currently available for lease. Its prime location on a major highway ensures excellent exposure to a high volume of traffic, providing significant potential for business growth and profitability. The expansive acreage allows for substantial development possibilities, catering to a wide range of commercial ventures. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location with significant growth potential. Serious inquiries are encouraged to explore the possibilities this property offers. The property's address is Highway 161, Clarksdale, MS 38645. The property is zoned for commercial use. Further details regarding utilities and infrastructure are available upon request.

Property profile

Verified
Property type Land
Total area 1 SF
Lot 8.3 ac (361,548 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

161 Hwy Clarksdale, MS 38645
Clarksdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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