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Property profile & analytics
OFF-MARKET
Commercial real estate

1021 Ms-16 Carthage, MS 39051

4,000 SF 2 ac lot Built 1965
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1965
Total area 4,000 SF
Lot 2 ac (87,120 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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