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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

70 Highway 354 Walnut, MS 38683

23,522 SF 0.54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 23,522 square foot commercial property, located at 70 Hwy 354 in Walnut, Mississippi, presents a unique investment opportunity. Situated on a 0.54-acre lot in Tippah County, this C-3 zoned property enjoys a prime location in the heart of downtown Walnut, less than half a mile from the intersection of US Hwy 72 and Hwy 15. Its strategic placement between the post office and city hall ensures high visibility and accessibility. The property includes all city utilities and features an existing 154 square foot brick building, offering potential for renovation or redevelopment. The asking price is $249,000, translating to a price per square foot of $10.59. This rare opportunity in a thriving Mississippi town offers significant potential for a variety of retail uses. The property's size and zoning provide ample flexibility for future development, making it an ideal investment for both established businesses and entrepreneurs seeking a strong foothold in a growing market. Don't miss this chance to acquire a highly visible and well-located commercial property in Walnut, Mississippi.

Property profile
Verified
Property type Retail properties & Spaces
Total area 23,522 SF
Lot 0.54 ac (23,522 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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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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