503 Us-82 Indianola, MS 38751
This exceptional 3,500 square foot retail property presents a compelling investment opportunity in the thriving city of Indianola, Mississippi. Strategically located on Highway 82 East, this property boasts an impressive 156 feet of frontage, ensuring high visibility and significant exposure to the substantial daily traffic volume of 19,000 vehicles, as reported by the Mississippi Department of Transportation (MSDOT). The property sits on a sizable 1.2-acre lot, comprised of three parcels, measuring approximately 156 feet by 339 feet, providing ample space for operations and customer parking. The building's 3,500 square feet offer a versatile layout suitable for a wide range of retail businesses. Its prime location in Sunflower County, with the address 503 US-82, Indianola, MS 38751 (latitude 33.45828, longitude -90.6435546), ensures easy access and strong potential for customer traffic. This property is priced at $399,750 and represents a rare chance to acquire a well-positioned retail space in a dynamic market. The combination of high visibility, substantial lot size, and convenient location makes this an ideal investment for discerning entrepreneurs seeking a strong foothold in the Indianola retail 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.