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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

602 Bankhead St New Albany, MS 38652

10,000 SF 1.13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Class A, single-story commercial property, located at 602 W Bankhead St, New Albany, MS 38652, offers 10,000 square feet of versatile space ideal for a variety of businesses. The building, renovated in 2024, features four suites, each a minimum of 2,500 square feet, currently offering three available units. The property sits on 1.13 acres of land and is zoned C-2, allowing for diverse commercial uses including creative office, medical office, traditional office, and retail or restaurant establishments. The building boasts highly visible signage, perfect for attracting customers. The location is in a high-traffic, commercially dense area of New Albany, ensuring excellent visibility and accessibility. Ample parking is available in a large parking field. Units B, C, and D are available for lease at a rate of $15 per square foot, plus NNN charges. This prime location and recently renovated space present a unique opportunity for businesses seeking a prominent presence in a thriving Mississippi community. The property's APN is 024N-06-096.00. Interested parties should inquire about lease terms and availability.

Property profile
Verified
Property type Retail properties & Spaces
Total area 10,000 SF
Lot 1.13 ac (49,223 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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