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Property profile

402 Us 49 Seminary, MS 39479

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional commercial property in Seminary, MS, presents a unique investment opportunity. Spanning nearly 2.9 acres, the land has been meticulously prepared, featuring clearing, scraping, backfilling, gravel covering, and an 8-foot perimeter fence. Two substantial buildings totaling approximately 9,000 square feet offer versatile space. One building, boasting approximately 4,500 square feet, is an open-span design with a 90-foot glass storefront along Highway 49, ideal for showcasing large equipment or vehicles. This building also includes an 18x20 automatic roll-up door. The second building, also approximately 4,500 square feet, is perfect for a workshop or garage, equipped with four large roll-up doors suitable for mechanic bays. This building connects to a sizable 4,100 square-foot covered canopy. A unique, smaller showroom building within the second structure offers additional display space or potential office areas. Adding to the property's appeal is a separate 1,304 square-foot living quarters, a three-bedroom, two-bathroom residence with custom finishes. This property's combination of expansive commercial space, ample outdoor area, and comfortable living accommodations makes it an exceptional opportunity for a variety of businesses. The strategic Highway 49 location ensures high visibility and accessibility.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

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

Location

402 Us 49 Seminary, MS 39479
Seminary 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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