914 Mill St Lucedale, MS 39452
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.
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.