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Property profile & analytics
OFF-MARKET
Lifestyle centers

1113 Us-98 Columbia, MS 39429

18,000 SF
Property ID
Property summary
AI-generated overview

This exceptional value-add investment opportunity presents a two-building, 18,000 square foot shopping center located at 1113 US-98 in Columbia, Mississippi, zip code 39429. Currently boasting 100% occupancy, this single-story property offers a compelling return with a 7.82% capitalization rate and a Net Operating Income (NOI) of $113,403. The asking price is $1,450,000, translating to $80.56 per square foot. The property is classified as a multi-tenant retail space, ideal for investors seeking strong cash flow. Situated in the heart of Columbia, this owner-occupied center presents a rare opportunity to acquire a well-established, high-performing asset. The property's strong tenancy and location within Marion County, Mississippi, contribute to its attractive investment profile. This is a turnkey operation ready for immediate income generation. The property's solid performance and high occupancy rate make it an excellent addition to any diversified real estate portfolio. Serious inquiries are encouraged to explore this lucrative investment prospect further.

Property profile
Verified
Property type Lifestyle centers
Total area 18,000 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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