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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

494 Ms-24 Centreville, MS 39631

2,119 SF 1.63 ac lot
Property ID
Property summary
AI-generated overview

This 2,119 sq ft vacant commercial building in Centreville, Mississippi, is available for $200,000. Formerly a bank, this solid brick structure sits on a 1.63-acre corner lot with excellent road frontage (546') on Hwy 24 and Municipal Drive. The interior features a spacious lobby, two large offices, a waiting area, employee lounge and restroom, a deposit box room, and a teller area with four bays. A three-car drive-thru is also included. The large vault room offers ample counter space and cabinets. The building boasts abundant natural light thanks to numerous windows in the offices and lobby. An existing ATM can remain or be removed by the buyer. This property's location in southwest Mississippi, near the Louisiana border, presents a unique opportunity for various businesses. The asking price is $200,000, translating to $94.38 per square foot. This is a turnkey opportunity for an entrepreneur seeking a well-maintained, established building in a convenient location. The property's size and features make it suitable for a wide range of commercial uses. The ample parking and visibility from the highway make it an attractive option for businesses seeking high traffic exposure. The property is currently vacant, allowing for immediate occupancy and customization to suit the buyer's specific needs. The 1.63-acre lot provides ample space for expansion or additional development.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,119 SF
Lot 1.63 ac (71,003 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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