1021 Ms-16 Carthage, MS 39051
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.