70 Highway 354 Walnut, MS 38683
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.
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.