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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

914 Mill St Lucedale, MS 39452

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 914 Mill St in Lucedale, Mississippi (zip code 39452), presents a fantastic investment opportunity. Priced at $189,000, this property combines retail space with land, offering significant potential for various business ventures. Currently operating as a hair salon, the building's adaptable layout makes it ideal for a wide range of retail uses or as a business office. Its convenient location just off Main Street in the growing town of Lucedale ensures high visibility and accessibility. The property boasts several key advantages, including readily available fiber internet access and ample on-site parking for customers and employees. Recent significant improvements enhance its value and functionality. These upgrades include a complete replacement of the air conditioning system (both indoor and outdoor units) in July 2023, and a new hot water heater installed in March 2023. Numerous other improvements have been made to the building, ensuring it's in excellent condition and ready for immediate occupancy. Don't miss this chance to acquire a well-maintained, strategically located commercial property in a thriving Mississippi community. This property is zoned for commercial use and offers a unique blend of convenience, modern amenities, and significant growth potential.

Property profile
Verified
Property type Retail properties & Spaces
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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