502 Church Ave Philadelphia, MS 39350
This exceptional special-purpose commercial building, located at 502 Church Avenue in Philadelphia, Mississippi, presents a compelling investment opportunity. Priced at $124,900, the property boasts a substantial 6,435 square foot lot. Its strategic location just off Main Street and within a couple of blocks of the Marty Stuart's Congress of Country Music offers significant potential for a variety of commercial uses. Currently leased, this property provides immediate cash flow, while its versatile nature allows for diverse future development options. The building's proximity to a major tourist attraction and its location in a vibrant area of Philadelphia, Neshoba County, Mississippi (zip code 39350), makes it an attractive prospect for investors seeking strong returns. The property's coordinates are 32.7704141 latitude and -89.1090496 longitude. Serious inquiries are encouraged to explore the full potential of this well-positioned commercial asset. This is a rare opportunity to acquire a property with existing income and significant upside in a desirable location. The building's current lease status provides a stable foundation for future growth and investment. Don't miss this chance to secure a piece of Philadelphia's thriving commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.