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    OFF-MARKET
    Retail properties & Spaces

    501 Main Ave, Magee, MS 39111

    24,000 SF 1.8 ac lot Built 1970
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents three established commercial buildings totaling over 24,000 square feet situated on a 1.8-acre lot in the heart of Magee, Mississippi, at 501 S Main Avenue. The property boasts a prime location on Main Avenue, ensuring high visibility and accessibility for businesses. The complex comprises three separate buildings, each currently occupied by tenants, providing immediate cash flow. One building offers over 13,000 square feet of space, another provides more than 6,000 square feet, and the third building encompasses approximately 5,000 square feet. The exact square footage of each building is approximate and should be verified independently. This is a unique opportunity to acquire a substantial retail portfolio in a thriving Mississippi community. All three buildings are being sold as a single package, presenting a compelling investment opportunity for a buyer seeking a multi-tenant commercial property with established income streams. Further details regarding tenant leases and financial information are available upon request. This property is offered at $990,000. Serious inquiries only.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1970
    Total area 24,000 SF
    Lot 1.8 ac (78,408 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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