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Property profile & analytics

1021 Ms-16 Carthage, MS 39051

  • Commercial real estate
  • 4,000 SF
  • 2.00 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 1021 Ms-16

Year built
1965
Lot size
2.00 lot acres
Property size
4,000 SF
Property type
Commercial real estate

Description

This exceptional commercial property, located at 1021 MS-16 East in Carthage, Mississippi, presents a remarkable investment opportunity. Boasting a generous 4,000 square feet of space, this newly renovated building sits on a sizable 2-acre lot, providing ample room for expansion or outdoor activities. Its prime location on MS-16 ensures high visibility and significant traffic exposure, ideal for attracting customers and maximizing business potential. Currently occupied by a tenant, the property will become available in March 2025, offering a clean slate for a new business venture or expansion. The building's recent renovation ensures modern amenities and a move-in ready condition, minimizing upfront costs and maximizing immediate return on investment. The versatility of the space allows for a wide range of commercial uses, making it an attractive option for various businesses. Furthermore, preliminary inquiries suggest the possibility of securing financing at a favorable 5% interest rate, subject to individual qualifications and loan terms. This presents a unique chance to acquire a well-situated, renovated commercial property with potential for significant financial growth, all while benefiting from potentially advantageous financing options. Don't miss this chance to establish your business in a high-traffic location with excellent visibility.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Carthage
County
Leake
State
Mississippi
Longitude
-89.5181
Latitude
32.7379
More about this property
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