502 Holland Ave Philadelphia, MS 39350
This exceptional investment opportunity encompasses a thriving gas station and convenience store, strategically located on the corner of E Main St (Hwy 16) and Holland Ave (Hwy 19) in Philadelphia, Mississippi. The property includes two addresses: 502 and 504 Holland Ave, zip code 39350, Neshoba County. The main building functions as a combined gas station and retail/office storefront, presenting a versatile income stream. A significant value-add component is the inclusion of approximately 0.40 acres of adjacent land situated directly east of the main building, fronting E Main Street. This additional parcel significantly expands the property's potential, offering ample space for redevelopment or expansion. The total site area is approximately one acre. This prime location offers high visibility and accessibility, making it an ideal candidate for continued operation or innovative redevelopment projects. The property's strategic positioning at a major intersection provides excellent exposure to a substantial volume of daily traffic. This presents a rare opportunity to acquire a well-established business with significant growth potential in a desirable Mississippi market. Consider the possibilities for expansion, modernization, or repositioning this established retail center to maximize its return on investment.
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
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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.