0 Highway 98 Columbia, MS 39429
This exceptional 9.46-acre commercial property boasts 380 feet of frontage on Highway 98 in Columbia, Mississippi, situated within a high-density retail area and designated Opportunity Zone. The property, identified by APN 080-09-000-09-006.00 / 080-09-000-09-010.05, is zoned B-3 (General Commercial District), offering flexibility for various uses including QSR/Fast Food and medical offices. Approximately 2-2.5 acres of the site provide direct highway access, making it highly visible and easily accessible. The flat terrain is ideal for development. The asking price for the highway frontage is $13.50 per square foot. The owner is open to dividing the property and exploring build-to-suit opportunities. Pricing for the remaining acreage is negotiable, presenting a unique chance to acquire a significant portion of land in a thriving commercial corridor. This property presents a compelling investment opportunity in a prime location with high visibility and development potential. The zip code is 39429.
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
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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.