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    1021 Ms-16 Carthage, MS 39051

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    1021 Ms-16 Carthage, MS 39051


    • Commercial real estate
    • 4,000 SF
    • 2.00 lot acres
    High-Traffic Commercial Building in Carthage, MS For Sale
    $395,000
    4,000 SF

    High-Traffic Commercial Building in Carthage, MS

    Newly renovated, 4,000 sq ft, 2-acre lot.

    Ofahoma, MS 39051
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    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

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