1013 Us-82 Indianola, MS 38751
This exceptional commercial property in Indianola, Mississippi, presents a significant redevelopment opportunity. Located at 1013 US-82, this owner-occupied retail establishment comprises two separate buildings totaling 23,487 square feet on a 1.931-acre lot. The main retail store, built in 1989, occupies 15,237 square feet and features a metal-clad exterior. An adjacent 8,250-square-foot building, constructed in 2002, serves as a kitchen and production area, also with a metal-clad exterior. Both two-story structures are situated on two adjoining parcels (APN: 119K-32-00-004.00 & 119K-32-00-007.00) with excellent visibility, boasting 97 feet of frontage on Highway 82 and 372 feet on Academy Drive. The property is conveniently located one block west of the Highway 82 and Highway 49 intersection in the heart of the Mississippi Delta. The buildings are in average condition, having undergone several renovations over the years. Currently zoned C-3, this property offers significant potential for a variety of commercial uses. This is a for-sale-by-owner opportunity. The property is being sold as an owner-user investment and is ideal for redevelopment.
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.